I think dogecoin is far worse off but also an interesting thing with some theorycrafting behind it.
Recently Tim Pool had a discussion on dogecoin and mentioned many people do make money of dogecoin in smaller amounts. Some people purchase or download automated programs that buy low, sell high.
Well I've been thinking of a cryptocurrency exits both transferable and non-transferable. And it's considered a cryptoasset. Then the question becomes what about cryptobacking?
I invented this thinking it over cryptoBACKING. IF dogecoin is a inflationary coin, has no limits, and offers no value in purchasing power. Rather you make money from money. Then why can't we use dogecoin to make money behind the scenes and purchase etherium or bitcoin the two most important coins used in transactions I know bitcoin dominates here.
For example in Australia a person put down 17,400 dollars for dogecoin, his girlfriend left him for being a coin lunatic believing in fake digital crap, and then when dogecoin spiked he made 1.4 million dollars.
WHAT IF we use cryto to purchase crypto.
For example say I'm this Australian man. He has disposable income now. He can purchase Bitcoins and or Etherium. The two coveted coins. Well he made his money on market speculation by dogecoin. So if market speculation is the earning of money by making money on the dollar or on currencies around the World. Why can't we have speculative coins that offer no value other than making money to make money. AND with the earnings of buy low, sell high purchase or increase our purchasing power of mined, usable, transferable coins.
In other words dogecoin is useless but if you buy enough and sell high a useless pointless memetic coin. Now I can purchase bitcoin/etherium and have more cryptoassets by using cryptobacking.
I'm not sure how much of a good idea it is. I'm aware as National Socialists we support Gottfried Feder's work elimination of market speculation, currency speculation, and international speculation.
But IF we have to be realistic and the market speculators on the dollar in the official trade markets. Then couldn't we do the same with crypto. Have pointless coins simply to boost the passive or direct income of people only for those people to use the pointless coins to purchase usable crypto bitcoin/etherium.
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You guys need to realize Bitcoin is predicted to hit 200K and maybe 1 million dollars. And on top of that the collapse of the dollar is increasing the value of Bitcoin. But it doesn't stop there from Wikipedia(I know, I know) it states 20% of all bitcoins mined up to June of 2018 have been lost whether on purpose(throwing away a HDD/SSD or getting hacked and deleting information) or accident. Nearly 80 billion dollars down the drain.
So IF the total supply is 21,000,000 bitcoins considering that 20% is gonna increase in the future it's very possible that when all bitcoins are mined. Only 13-16 million total coins will exist. So bitcoin is currently more scarce due to losing coins.
I'm very curious on crypto and believe it could be a very NS thing so long as it's used like Gold and Silver. I'm not sure about the NS economy even reading HP.Cobras NS economic and other people. I don't know what the NS economy is besides labor, goods, services, and infrastructure back you could even add like HP.Cobra mentioned with the tax revenue, taxes as a force multiplier, same with precious metals and might as well add crypto.
I believe attacking crypto is akin to the "junkbonds" market propaganda the establishment used. If you study Creature from Jekyll Island: A second look at the Federal Reserve.
HYB or High-Yield Bonds were a very good, sound investment back in the late 70s early 80s by mid 80s the establishment attacked it. Had it banned by banks and the Federal Reserve and then crashed it all bought it pennies on the dollar waiting a bit and made a killing on the HYBs.
Low-Yield Bonds = 3%, Medium-Yield Bonds = 7%, and High-Yield Bonds were at 14.5%. So a nice chunk of money was earned from so-called "junkbonds" labelled by the MSM/judenpresse and other bankers and Federal Reserve people.
I think Elon Musk and all these Yehuborim are trying to pull a fast one with crypto just like in the 1980s against HYBs.
I hope to learn more about crypto as much as I think Gold and Silver are good too.
I'm actually surprised the JoS has made a turn around on digital assets. I recall being criticized for supporting digitization of currency. While I agree there is a strong drive by the enemy to do like China and social credit etc.etc. I think these crypto stuff is very good thing. It might be annoying to use crypto as the industry still needs more time to prepare for everything.
But in the end I view it as another force multiplier of wealth.
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I also want to ask my own NS question. Hitler and company had a central bank in other words the central bank of NS Germany. If crypto is decentralized finances then technically speaking wouldn't eventually someone would make it centralized.
I really never had a clear concise definition of central bank and decentralized bank. I know central bank is the main method of fiat currencies and much of the World is central banks. But isn't it mandatory for a nation to posses a central bank?
If central bank is the official currency of trade by a nation, then wouldn't a decentralized bank cause issues?
Or is this just another hocuspocus lie by the hymies stating "Oy vey if we lose our shekels we lose our shekelberging game".
I mean judging from the information we've learned over the years. At what point do we change everything? At what point does the understanding come in to change?
I know in an internet style central internet is main servers of companies. But in a decentralized network it's done by a myriad of computers and servers not congregated to a certain area rather spread abroad.
But how would a decentralization work for finances?
Are we anti-Central bank or anti-Decentralized exactly what is the JoS modern position leading up to this circa time period?
Is it simply as long as it confounds the Yehubor we do it? I think we are more ethical and more aware than others cause even if we do something against the Yehuborim a domino effect might occur and crash on Gentiles.
Is this simply the battle of Yehuborim money vs Gentile money? Or is there more to it?
Recently Tim Pool had a discussion on dogecoin and mentioned many people do make money of dogecoin in smaller amounts. Some people purchase or download automated programs that buy low, sell high.
Well I've been thinking of a cryptocurrency exits both transferable and non-transferable. And it's considered a cryptoasset. Then the question becomes what about cryptobacking?
I invented this thinking it over cryptoBACKING. IF dogecoin is a inflationary coin, has no limits, and offers no value in purchasing power. Rather you make money from money. Then why can't we use dogecoin to make money behind the scenes and purchase etherium or bitcoin the two most important coins used in transactions I know bitcoin dominates here.
For example in Australia a person put down 17,400 dollars for dogecoin, his girlfriend left him for being a coin lunatic believing in fake digital crap, and then when dogecoin spiked he made 1.4 million dollars.
WHAT IF we use cryto to purchase crypto.
For example say I'm this Australian man. He has disposable income now. He can purchase Bitcoins and or Etherium. The two coveted coins. Well he made his money on market speculation by dogecoin. So if market speculation is the earning of money by making money on the dollar or on currencies around the World. Why can't we have speculative coins that offer no value other than making money to make money. AND with the earnings of buy low, sell high purchase or increase our purchasing power of mined, usable, transferable coins.
In other words dogecoin is useless but if you buy enough and sell high a useless pointless memetic coin. Now I can purchase bitcoin/etherium and have more cryptoassets by using cryptobacking.
I'm not sure how much of a good idea it is. I'm aware as National Socialists we support Gottfried Feder's work elimination of market speculation, currency speculation, and international speculation.
But IF we have to be realistic and the market speculators on the dollar in the official trade markets. Then couldn't we do the same with crypto. Have pointless coins simply to boost the passive or direct income of people only for those people to use the pointless coins to purchase usable crypto bitcoin/etherium.
---------------------------------------------------
You guys need to realize Bitcoin is predicted to hit 200K and maybe 1 million dollars. And on top of that the collapse of the dollar is increasing the value of Bitcoin. But it doesn't stop there from Wikipedia(I know, I know) it states 20% of all bitcoins mined up to June of 2018 have been lost whether on purpose(throwing away a HDD/SSD or getting hacked and deleting information) or accident. Nearly 80 billion dollars down the drain.
So IF the total supply is 21,000,000 bitcoins considering that 20% is gonna increase in the future it's very possible that when all bitcoins are mined. Only 13-16 million total coins will exist. So bitcoin is currently more scarce due to losing coins.
I'm very curious on crypto and believe it could be a very NS thing so long as it's used like Gold and Silver. I'm not sure about the NS economy even reading HP.Cobras NS economic and other people. I don't know what the NS economy is besides labor, goods, services, and infrastructure back you could even add like HP.Cobra mentioned with the tax revenue, taxes as a force multiplier, same with precious metals and might as well add crypto.
I believe attacking crypto is akin to the "junkbonds" market propaganda the establishment used. If you study Creature from Jekyll Island: A second look at the Federal Reserve.
HYB or High-Yield Bonds were a very good, sound investment back in the late 70s early 80s by mid 80s the establishment attacked it. Had it banned by banks and the Federal Reserve and then crashed it all bought it pennies on the dollar waiting a bit and made a killing on the HYBs.
Low-Yield Bonds = 3%, Medium-Yield Bonds = 7%, and High-Yield Bonds were at 14.5%. So a nice chunk of money was earned from so-called "junkbonds" labelled by the MSM/judenpresse and other bankers and Federal Reserve people.
I think Elon Musk and all these Yehuborim are trying to pull a fast one with crypto just like in the 1980s against HYBs.
I hope to learn more about crypto as much as I think Gold and Silver are good too.
I'm actually surprised the JoS has made a turn around on digital assets. I recall being criticized for supporting digitization of currency. While I agree there is a strong drive by the enemy to do like China and social credit etc.etc. I think these crypto stuff is very good thing. It might be annoying to use crypto as the industry still needs more time to prepare for everything.
But in the end I view it as another force multiplier of wealth.
-------------------------------------------------------------------
I also want to ask my own NS question. Hitler and company had a central bank in other words the central bank of NS Germany. If crypto is decentralized finances then technically speaking wouldn't eventually someone would make it centralized.
I really never had a clear concise definition of central bank and decentralized bank. I know central bank is the main method of fiat currencies and much of the World is central banks. But isn't it mandatory for a nation to posses a central bank?
If central bank is the official currency of trade by a nation, then wouldn't a decentralized bank cause issues?
Or is this just another hocuspocus lie by the hymies stating "Oy vey if we lose our shekels we lose our shekelberging game".
I mean judging from the information we've learned over the years. At what point do we change everything? At what point does the understanding come in to change?
I know in an internet style central internet is main servers of companies. But in a decentralized network it's done by a myriad of computers and servers not congregated to a certain area rather spread abroad.
But how would a decentralization work for finances?
Are we anti-Central bank or anti-Decentralized exactly what is the JoS modern position leading up to this circa time period?
Is it simply as long as it confounds the Yehubor we do it? I think we are more ethical and more aware than others cause even if we do something against the Yehuborim a domino effect might occur and crash on Gentiles.
Is this simply the battle of Yehuborim money vs Gentile money? Or is there more to it?