Stefan molyneux bitcoin value

Several prominent white supremacists, like Andrew Auernheimer and Andrew Anglin of the Daily Stormer and racial pseudoscientist Stefan Molyneux, were early adopters of Bitcoin, providing them with significant windfalls. Cryptocurrency, which is more commonly used as an investment vehicle than a replacement for legal tender, has grown in popularity swiftly in recent years. Cryptocurrency provides a valuable payment method for white supremacist figures who are banned from using traditional credit cards and major apps like PayPal or Stripe. Read original article here. Junk food knows no class barriers Food.

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Stefan Molyneux Gets $100K in Crypto Donations After ...

The Mustachian Forum. Welcome, Guest. Please login or register. Did you miss your activation email? Home Help Search Login Register. Pages: 1 2 ». Both of them have been singing the same tune of doom for over a decade. It's obvious that the US dollar will destroy itself eventually. What is more useful is a time frame prediction. If the US dollar isn't going to go hyper in my lifetime, is that a useful prediction?

Quote from: Chris22 on August 05, , PM. Quote from: choppingwood on August 05, , PM. So, right now as we speak the dollar is doing the exact opposite of collapsing. And as for the Chinese; all we have to do is start inflation like Nixon did and their USD holdings would very quickly be worth a whole lot less.

Inflation is a lot less overt than other measures suggested in this thread. And it doesn't require Dems and Reps to agree on anything either. Quote from: bwall on August 05, , PM.

Quote from: Seppia on August 05, , PM. Quote from: bwall on August 06, , AM. It's very very good to have your currency as the global reserve currency!!

No one wants to talk about this, for obvious reasons. B The gov't can use them to defend your currency in the open market. The result? The overseas government has more of their own currency and less USD. But, if they want to spend them, they must bring them to the USA.

Say, Airplanes, or oil. China wants oil, so it takes from it's reserves and sends this to Iran. Iran pays it's employees and suppliers and taxes not in USD, but in Rials? So the USD sit in Iran as a reserve until they are needed. Now, Iran wants to buy around 80 airplanes once sanctions are lifted. And the process starts all over again, until the Europeans need something from the USA, etc. So, spending them in the USA is one option of many for a gov't, not the only option.

Quote from: bwall on August 06, , PM. Now, something very interesting happens when a currency loses it's reserve status, as happened to the British Pound after WWII. Britain was experiencing inflation and no matter what the Chancellor of the Exchequer their Fed did to raise interest rates, the pounds were flooding the economy.

The good news is that all spending that was happening lowered unemployment, but inflation was a real problem. Whenever I go to another country they have a strange habit of requesting their own currency. This experience directly contradicts your above statement. I believe the same is true of El Salvador. It is also considered legal tender in Panama.

Actual legal tender, not just acceptable by most places like many areas of Mexico; where you don't trade it for local tender, but for goods and services the same way you do in the United States.

Quote from: iowajes on August 06, , PM. Quote from: sirdoug on August 06, , PM. Interesting stuff. The lowest I saw gas in the us was 19 cents. I call that a dollar collapse. Look around it is happening everyday. Frog in a pot. Why does inflation even matter as long as investments offer a good real return?

The Dow was less than at the end of Today it's 17, Who cares? Sent from my iPhone using Tapatalk. To paraphrase Churchill: The U. The primary reason savings accounts and CDs are not good vehicles now is low interest rates not high inflation.

I'd rather respond to the market situation than worry about it. Is this time different? The average life expectancy for a fiat currency is 27 years, with the shortest life span being one month.

Founded in , the British pound Sterling is the oldest fiat currency in existence. At a ripe old age of years it must be considered a highly successful fiat currency. However, success is relative. In other words, the most successful long standing currency in existence has lost Given the undeniable track record of currencies, it is clear that on a long enough timeline the survival rate of all fiat currencies drops to zero.

Fiat currency bulls will probably not argue with this fact, but the remaining argument to hold fiat cash is that the decline of fiat currencies is manageable to such an extent that the loss in purchasing power will have a minimal or unnoticeable impact. Let's see.

The expectation of zero inflation seems to be the problem here not the "debasement" of fiat currencies. MoonShadow: So if your timeline is infinity, all currencies, both fiat and non-fiat fail. So, a currency's status as fiat or non-fiat doesn't determine the ability to withstand time.

Correct me if I'm wrong, but weren't Ancient Rome's and Ancient Greece's currency also based on an ability to pull shiny metal out of the ground, in other words non-fiat? But they still fell apart, even though they never created a paper-based or 'bullshit-based', to paraphrase those who love the gold standard currency?

Where in the statistics does it give the average life expectancy of non-fiat currencies? Also, do you statistics weight all currencies equally, or based on the size of the economy? Answer: Because the growth of your money supply shouldn't depend on your ability to pull shiny metal out of the ground. Unfortuantely, most people who use the term 'fiat-currency' have never heard of either William Jennings Bryan or his speech. Shame on them. And, while I'm at it: as long as the Chinese Yuan isn't freely convertible, it only floats in a toilet.

Yes, that's right. You cannot take Yuan out of the country it's illegal. All Chinese Yuan transactions are controlled by the Chinese government not their banks.

So, no, their currency won't become a reserve currency as long as these restrictions are in place, and it looks like they will be in place for awhile. SMF 2.

Jordan Peterson on Joe Rogan’s Podcast Echoes Netflix’s ‘Don’t Look Up’ Madness

The staggering growth of political power throughout the twentieth century — the century of war — was largely made possible by replacing money limited by gold with paper currencies, which can be printed at will by government-controlled banks. Join Stefan Molyneux, the host of Freedomain Radio — the most popular philosophy show in the world — as he reveals the hidden political and military power of government currencies, and shows how cryptocurrencies could be greatest revolution in human history, and the foundation of a truly free and prosperous planet. They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written in constitutions. People begin at first to hoard other money instead so as to have marketable goods at their disposal for unforeseen future needs - perhaps precious-metal money and foreign notes, and sometimes also domestic notes of other kinds which have a higher value because they cannot be increased by the State ' e. A further step is the adoption of foreign currency or metallic money i. Finally, when the domestic currency ceases to be used in retail trade, wages as well have to be paid in some other way than in pieces of paper which are then no longer good for anything.

The Bitcoin price has been falling alongside a descending resistance line since YouTube account of FreeDomainRadio host Stefan Molyneux.

How Cryptocurrency Revolutionized the White Supremacist Movement – Southern Poverty Law Center

You may have heard of the virtual currency called Bitcoin but its impact on the financial world, especially the insurance industry, may be new to you. Let's take a look at a few of the ways Bitcoin, but more importantly Blockchain, the technology Bitcoin is built on, has the ability to disrupt the insurance industry. At it's most basic description, Bitcoin is money that lives only on the internet. It is the next evolution of currency, establishing money that is entirely electronic. The value of a bitcoin goes up or down depending on what people are willing to pay for them, just like the stock market. And why would someone be willing to pay a higher price for bitcoin? A few reasons: The currency is decentralized money across borders , anonymous one has the ability to make purchases without being traced , and there is a limited amount learn more here. If you're looking for a more in-depth explanation of the value Bitcoin and the Blockchain, watch this 6 min video:.

How Cryptocurrency Revolutionized the White Supremacist Movement

stefan molyneux bitcoin value

Published: Length: Philosopher Stefan Molyneux tells you what is going on in the Bitcoin world - especially the main drivers behind the recent spike in price! Freedomain Livestream 22 Jul - People with a bad conscience - Younger women only wanting high value men - What's going on with bitcoin - Jeff Bezos in space! In my opinion of course - not investment advice!

Today Bitcoin hit Gold parity, and surpassed it to a new all time high. Who knows, but it sure is a fun ride

White supremacists have made massive profits through bitcoin, new analysis suggests

A new Southern Poverty Law Center analysis identified far-right figures who made profits off crypto. According to a post on its website, The Daily Stormer only accepts donations through cryptocurrency. Some white supremacists who invested early in bitcoin have made massive profits off it and other cryptocurrencies, generating tens of millions of dollars in wealth, new research suggests. An analysis released Thursday by the nonprofit Southern Poverty Law Center SPLC identified more than cryptocurrency addresses used by white supremacists and other far-right extremists. The research says that figures who have championed white supremacist views — including Andrew Auernheimer, Andrew Anglin of The Daily Stormer website, and right-wing commentator Stefan Molyneux — were early investors in bitcoin and "turned a substantial profit from it. The analysis goes on to say that "nothing is inherently criminal or extreme about" cryptocurrency and that "most of its users have no connections to the extreme far-right.

#BitcoinDynamics: Totalizing a Partial View

When Bitcoin first came into existence, it was a definitively fringe idea, boosted by libertarians and paranoiacs who had a deep mistrust of the government and generally far-right even anti-democratic beliefs about society. Many on the left and right talk earnestly about the potential for blockchain applications — including its potential for secure voting; meanwhile, big-name websites, including this one , give readers the option of donating their spare processing power to help pay for journalism. Yet the extent to which cryptocurrency applications have entered mainstream politics belies its right-wing underpinnings. Virginia Commonwealth University Professor David Golumbia, who recently published a book " The Politics of Bitcoin: Software as Right-Wing Extremism ," is blowing the whistle on the kinds of far-right ideas and conspiracy theories that not only inspired cryptocurrency's creation, but which are now trafficked, sometimes unknowingly, by many cryptocurrency boosters on both the right and left. I spoke with Professor Golumbia about the far-right background of Bitcoin and how crypto is helping to normalize some of the more fringe aspects of right-wing thought. This interview has been condensed and edited for print.

Philosopher Stefan Molyneux - who started helping people traded fund are SO ESSENTIAL to the acceptable, spread and value of bitcoin!

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Either way, those who invest in cryptocurrency have already experienced price volatility in the extreme, demonstrating the degree to which funds can evaporate overnight. Bitcoin has somewhat infamously lost nearly all value during different market crashes throughout the years, only to see it skyrocket back up. What happens to digital currencies from here is likely to have a profound impact on the far right due to the degree to which extremists have adopted the technology relative to the population as a whole. Fuentes has not received or spent any Bitcoin at that address since Dec. And start up the ovens of course.

White supremacists embraced cryptocurrency early in its development, and in some cases produced million-dollar profits through the technology, reshaping the racist right in radical ways, a Hatewatch analysis found.

Bitcoin is a technological tour de force Votes: 5. Votes: 5. Of our 49 billion, we haven't moved any to Bitcoin Votes: 5. Right now Bitcoin feels like the Internet before the browser. Bitcoin will do to banks what email did to the postal industry.

As soon as the podcast started recording, Peterson jumped right into his climate change denial talking points, which have become increasingly lopsided over the years. Peterson said:. Even Rogan, who normally listens to his guests spit out rancid misinformation with barely a wink, seemed confused and somewhat irritated.

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  1. Maonaigh

    This is a valuable piece

  2. Melville

    Yes all this imaginary

  3. Gabar

    Completely yeah

  4. Ward

    Quite right! I think this is a good idea. I agree with you.