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The Word Herder's avatar

You're not hearing me. That's fine if that's your goal.

ONLINE can easily be yanked away, that is the trouble with ONLINE anything. All they have to do is shut it down, flick of a switch.

And CASH may be fiat currency, but it's what we already have, and taken into our communities, NOT using Central Banks, we can assign whatever value we wish to it.

Does that help?

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Perry Simms's avatar

I am reading you and what I read is incorrect. The cash is fiat money, which means it is debased by the central bank, whether USD or Euro. Paying in cash doesn't prevent the central bank moneyprinting doubling all the prices. The benefit of cash is not having your transactions tracked.

The benefit of bitcoin is that it can't be inflated arbitrarily, by command. Learn more at https://mises.org

Read a few Austrian Economics books on the subject. I have.

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The Word Herder's avatar

I guess you're not able to understand me. That's fine.

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Perry Simms's avatar

I can only evaluate what you type. If you 'meant' something else in your head, others can't scry it by telepathy.

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The Word Herder's avatar

LOL

I tried TWICE to explain to you. I can't paint a picture for you on a substack post. Maybe try to imagine this: You boot up your computer, or try to use your card... NO ACCESS.

Can you understand how easy it is to just CUT PEOPLE OFF?

The tech people can just deny your ability to log on, even. Get it now?

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Perry Simms's avatar

I'm not disagreeing that it is theoretically possible for internet providers to block cryptocurrency transactions and effectively crash the network.

I'm disagreeing with your claim that cash is a solution to our monetary problem.

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The Word Herder's avatar

You keep coming back and I don't know why.

I NEVER "claimed" that cash is a SOLUTION to our monetary problem. The solution is obviously complex, so I'm not even going there. CASH MIGHT BE ONE SOLUTION, used in a very local way. This is not MY idea.

I suggest you find two people that are easy to find and listen to THEM:

*Catherine Austin-Fitts, Solari Report

*Edward Dowd

*Anybody who understands money, technology, and Evil.

I'm not interested in going over and over and over some very simple ideas, such as

LOCAL, COMMUNITY BANKING

LOCAL, COMMUNITY MONETARY SYSTEMS - could be cash, could be ANYTHING, could be BARTER...

GETTING OFFLINE with your financial because it is very very EASY TO CUT OFF ACCESS-- IF YOU CAN'T GET TO YOUR BITCOIN, all your Bitcoin value means nothing, nada, zip. Can you understand that???? You don't seem to have the ability to imagine how easy it would be to coerce you to do what you're told, ie, get the jab, or get a chip in your arm, or whatever, in order to have ACCESS to your money. I have no easier way to explain this. Ask SOMEBODY ELSE.

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