The Crypto Anarchist Manifesto, from ’88, is incredibly accurate to Bitcoin: “The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers & tax evaders, & fears of societal disintegration.”

The Crypto Anarchist Manifesto, from '88, is incredibly accurate to Bitcoin: "The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers & tax evaders, & fears of societal disintegration." submitted by /u/frankreddit5
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Bitcoin – The Currency of the Internet

“History shows that no government, after going on a fiat monetary system, ever reverses course until its paper currency is destroyed. There is no reason to believe this time will be any different.” – CMI Gold & Silver

https://www.cmi-gold-silver.com/article/gold-standard-inflation-fiat-money/ is the source of the quote.

I did some research on the value of the dollar over the course of US history (at least, as far back as I could find. What I discovered was that the value of the dollar relative to the *median* price of gold over the last 225 years has crashed significantly and not recovered twice. *Only* twice. Once was at the beginning of the great depression, and the other was the minute the gold standard was abolished.

Note: There was a scenario on a similar scale of the great depression during the Colorado Gold Rush of 1859, but this only applies to gold and I think this is due to peoples' tastes and preferences leaning towards gold. The gold rush must have affected demand more than supply, because the price nearly doubled. That's the only thing I can think of to explain it.

Regardless, the price of gold returned to the median in just a little under two decades — very short in the history of the US. Here are the excel graphs I made that caused me to discover this phenomenon. https://imgur.com/a/FpEVl0W

submitted by /u/rektumsempra
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Bitcoin – The Currency of the Internet

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Google Alert – bitcoin

Have started accepting Bitcoin as a payment in my shop in the Netherlands (Amsterdam) and my revenue almost doubled since! Go Bitcoin and the rest of crypto of course!

For your info: this is about my dad's store and he would like to keep himself private and does not want to use Reddit as promotion for his shop! He is just excited about what it did for his revenue and wanted to share that with you guys! Thanks for the understanding :)!

submitted by /u/Candybarber
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Bitcoin – The Currency of the Internet

This is correction number #8 since the inception of Bitcoin. Last correction was on September 2nd, when price dropped 35% from $4925 to $3226 over the course of eleven days. Historically the corrections has diminished percentage wise over the years. (redd

Just some context for the faint of heart.

Bitcoin