zacb wrote:Maybe bitcoins will pickup after this.
I checked out bit coins about 3 or 4 years ago...can't remember how long ago it was. My determination at the time was that it seemed to be very much a scam. The people behind them were not willing to be public figures and it looked like they were trying to create a speculative market that they would be able to make money off. And with bit coins raising rapidly in recent times that is exactly what is happening. Those who hoarded bit coins 3 or 4 years ago are now selling them to people at USD60 or so...
You think the guys who created it do not have the ability to mint new "bit coins" without anyone knowing about it?
In the end you have to link "money" to something tangible. Be that platinum, gold, silver or time.
It is not such a good idea to use gold since the rothchilds control so much gold today that they can influence the price of it...but some people want to use gold.
In the man bank we will use USD, EUR, GBP for a while....we will also back "man dollars" with platinum, gold and silver. We will also have a version of a "time bank" where men can buy and sell "man-hours".
For my money the concept of a "man-hour" as a currency is one of the best concepts there is. I think that is better than gold, silver, platinum etc.
Why? Because money is merely the basis of exchange, the basis of exchanging labour and storing up the proceeds of labour. That is what "money" really is.
So when we want some other man to labour for us we pay him with "money". But the issue around "money" is that it creates the mind set that the amount of "money" is limited and therefore men will not labour unless they are paid "money". This puts a cap on the labour that men will do. And it is the labour of men that builds civilisations.
What if we recognised that the labour of men was a relatively unlimited resource and when a man worked he could save up his man-hours in a "time-bank" and trade those man hours for some other mans labour when he wanted another man to labour for him? Now THAT would produce the concept that "money" was abundant and that if you can just find something useful to do for some other man he can "pay" you from the credits in his time-bank account.
Similarly. Women could participate because they could sell their "woman-hours" to men for something the men valued.
The men would soon figure out that what was really needed was food, shelter, utilities etc and they would be moving out of cities back into the countryside and growing their own food rather than completely disconnecting themselves from the source of their food and water.
So I see the "man-bank" as the way of the future...though we will have to have a transitionary period where we still use their fiat money because so many other people ONLY use their fiat money. But now the cyprus thing has happened? Any man who is not signing up to the man-bank and wanting the man bank to be created?
Well? Good luck protecting your money from your guvment.
I don't have any sympathy for men in the west any more...I have created everything they said they wanted, everything they needed, and what did they do? They called me a "scammer" and said I was dishonest in the main.
And then they KEEP THEIR MONEY IN BANKS!! LOL!!!
Men in the west deserve everything that is happening to them. They hate on and shit on men who care about them and try to help them. Well? How did that work out for men in the west, eh?
http://www.man-bank.com