James Turk on Bitcoin, Gold and Competitive Currencies | SilverDoctors.com
Félix evergreen container tracking explains the working mechanisms behind Bitcoin, which is a digital currency. He talks about the decentralised Bitcoin protocol, which is the DNA of Bitcoin and assures that bitcoins will not be double-spent. He states that Bitcoin evergreen container tracking can t be shut down unless the whole internet evergreen container tracking gets shut down.
They discuss the differences, but also the similarities between Bitcoin and digital gold currencies. James Turk points out that using tangible assets as money eliminates counterparty and payment risk. Félix states, that the amount of minable bitcoins is limited similar to the amount of gold.
Furthermore they talk about the security of Bitcoin exchanges and the difference between money and currency. Both endorse the idea of bringing competition to currencies and developing evergreen container tracking new ways to transact more efficiently.
Check out these similar articles: Félix Moreno & James Turk on the Recent Gold & evergreen container tracking Silver Price Moves & the Future After QE3 John Embry and James Turk on why the Gold Bull Market isn t Over James Turk: Fear Index Means Gold Bull Rally Has Much Further to Run JAMES TURK: This Always Ends the Same Way, HYPERINFLATION $400 Silver & $8,000 Gold Between 2013 2015 James Turk Discusses Long Term Gold and Silver Outlook: $8,000/oz and $400/oz
Anything of value can be stolen. I read recently that a Bitcoin intermediary had his computer hacked and $250,000 of bitcoins stolen. These belonged to customers. He admitted that he was responsible for the theft when he left his firewall open for a short time while doing routine maintenance. This window allowed a thief to hack his ‘bank’ I also read that the software code for bitcoins was hacked by blunt force work. That is not confirmed.
We presently hold bank accounts with The Royal Bank of Scotland International, HSBC, Lloyds TSB and Barclays Bank. Should concerns arise about one of these banks, we would therefore have the option to move funds between these accounts.
The bank accounts where we hold customer evergreen container tracking funds are not intended for use as a long-term savings alternative. Rather, they are designed to give more flexibility in managing currency and precious metal balances in customers GoldMoney Holdings.”
Should concerns arise on RBS, HSBC and Barclays? WOW. Just let that sink it. Uh, like massive govt bailouts, LIEbor, not to mention involvement in the suppression and shorting of PMs? I didnt even bother to respond.
That is some good intel you got B of P. I guess it’s difficult to find a bank that’s honest but when a large firm that represents one of the largest of its type in a particular industry evergreen container tracking does business with a bank like RBS, a bank that’s been hacked, cracked, smacked and sacked, it makes one wonder. HSBC seems to be a criminal empire with little resemblance to anything other than a drug laundering extention of the central government and one that also oversees one of the largest ETFs GLD I think. JPM runs the other PM ETF. Barclay’s is ground zero for LIBOR manipulation. Lloyds and TBS–don’t know about them. My concern is that any large firm that allies itself with a mega bank is either setting itself up to be fleeced if the bank runs into trouble, is a pawn in the bank’s larger game or conplicit in illegal going’s evergreen container tracking ons like JPM and MFG. Frankly, I don’t fully trust bank except the Bank of ME. And that when I’m sober. haha
I’m in complete agreement with you, AGXIIK if you’re not holding it in your hand, it is likely to disappear into the ethereal or, stolen through inflation. Knowing the game is totally rigged makes the decision to stack the smack a real ‘no-brainer’. Also, my lack of understanding on just why these silver experts would support the use of a system that is such an obvious gateway to theft, has created enough cognitive dissonance to throw a flag. How can you trust these guys again?
Agreed. If we think that we have trouble with banking manipulation now, just wait until a digital monetary system evergreen container tracking is put in place. That will make the wholesale theft of customer money about 3 orders of magnitude easier. Anything that can be abused will be abused evergreen container tracking and digital money is no exception to this rule. I strongly advise anyone who has not read it to do an Internet search for “Howard Buffet gold speech”. It is a fantastic speech that explains why gold money and personal liberty are connected. It is usually found as a PDF file that can be downloaded.
bravo, doc, excellent interview! but i see some ignorant replies here. the issue with the theft at bitfloor, that agxiik alluded to, is a bitfloor problem, not a bitcoin problem. bitfloor is one particlar bitcoin dealer. evergreen container tracking bitfloor had a major security lapse. would you say that gold and silver shouldn’t evergreen container tracking be trusted just because you hear a piece of news t
Félix evergreen container tracking explains the working mechanisms behind Bitcoin, which is a digital currency. He talks about the decentralised Bitcoin protocol, which is the DNA of Bitcoin and assures that bitcoins will not be double-spent. He states that Bitcoin evergreen container tracking can t be shut down unless the whole internet evergreen container tracking gets shut down.
They discuss the differences, but also the similarities between Bitcoin and digital gold currencies. James Turk points out that using tangible assets as money eliminates counterparty and payment risk. Félix states, that the amount of minable bitcoins is limited similar to the amount of gold.
Furthermore they talk about the security of Bitcoin exchanges and the difference between money and currency. Both endorse the idea of bringing competition to currencies and developing evergreen container tracking new ways to transact more efficiently.
Check out these similar articles: Félix Moreno & James Turk on the Recent Gold & evergreen container tracking Silver Price Moves & the Future After QE3 John Embry and James Turk on why the Gold Bull Market isn t Over James Turk: Fear Index Means Gold Bull Rally Has Much Further to Run JAMES TURK: This Always Ends the Same Way, HYPERINFLATION $400 Silver & $8,000 Gold Between 2013 2015 James Turk Discusses Long Term Gold and Silver Outlook: $8,000/oz and $400/oz
Anything of value can be stolen. I read recently that a Bitcoin intermediary had his computer hacked and $250,000 of bitcoins stolen. These belonged to customers. He admitted that he was responsible for the theft when he left his firewall open for a short time while doing routine maintenance. This window allowed a thief to hack his ‘bank’ I also read that the software code for bitcoins was hacked by blunt force work. That is not confirmed.
We presently hold bank accounts with The Royal Bank of Scotland International, HSBC, Lloyds TSB and Barclays Bank. Should concerns arise about one of these banks, we would therefore have the option to move funds between these accounts.
The bank accounts where we hold customer evergreen container tracking funds are not intended for use as a long-term savings alternative. Rather, they are designed to give more flexibility in managing currency and precious metal balances in customers GoldMoney Holdings.”
Should concerns arise on RBS, HSBC and Barclays? WOW. Just let that sink it. Uh, like massive govt bailouts, LIEbor, not to mention involvement in the suppression and shorting of PMs? I didnt even bother to respond.
That is some good intel you got B of P. I guess it’s difficult to find a bank that’s honest but when a large firm that represents one of the largest of its type in a particular industry evergreen container tracking does business with a bank like RBS, a bank that’s been hacked, cracked, smacked and sacked, it makes one wonder. HSBC seems to be a criminal empire with little resemblance to anything other than a drug laundering extention of the central government and one that also oversees one of the largest ETFs GLD I think. JPM runs the other PM ETF. Barclay’s is ground zero for LIBOR manipulation. Lloyds and TBS–don’t know about them. My concern is that any large firm that allies itself with a mega bank is either setting itself up to be fleeced if the bank runs into trouble, is a pawn in the bank’s larger game or conplicit in illegal going’s evergreen container tracking ons like JPM and MFG. Frankly, I don’t fully trust bank except the Bank of ME. And that when I’m sober. haha
I’m in complete agreement with you, AGXIIK if you’re not holding it in your hand, it is likely to disappear into the ethereal or, stolen through inflation. Knowing the game is totally rigged makes the decision to stack the smack a real ‘no-brainer’. Also, my lack of understanding on just why these silver experts would support the use of a system that is such an obvious gateway to theft, has created enough cognitive dissonance to throw a flag. How can you trust these guys again?
Agreed. If we think that we have trouble with banking manipulation now, just wait until a digital monetary system evergreen container tracking is put in place. That will make the wholesale theft of customer money about 3 orders of magnitude easier. Anything that can be abused will be abused evergreen container tracking and digital money is no exception to this rule. I strongly advise anyone who has not read it to do an Internet search for “Howard Buffet gold speech”. It is a fantastic speech that explains why gold money and personal liberty are connected. It is usually found as a PDF file that can be downloaded.
bravo, doc, excellent interview! but i see some ignorant replies here. the issue with the theft at bitfloor, that agxiik alluded to, is a bitfloor problem, not a bitcoin problem. bitfloor is one particlar bitcoin dealer. evergreen container tracking bitfloor had a major security lapse. would you say that gold and silver shouldn’t evergreen container tracking be trusted just because you hear a piece of news t
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