IPFS Thomas Costanzo

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More About: Bitcoin

Prosper with Bitcoin in the New Economy

Morpheus is invited to give a presentation on Bitcoin. Being its something to wrap your mind around he talks about what is money actually, how the incredible fraud that the federal reserve perpetuates, and most importantly how to take advantage of Bitcoin's incredible properties. Bitcoins are transfered from person to person without a third part intervener like a bank or government. No one or no organization can freeze your account, there are no cost or barriers to being involved, zero or low cost to transfer money even internationally and there are no arbitrary limits. Because of the rate of how bitcoin is mined it produces a deflationary currency contrary to the inflationary currency that is currently being produced by all other nations. The reason all countries like inflation is because when they borrow money they are able to repay the debt with “dollars” “euros” “yen” that is controlled by a third party. These evil central planners like the fact they can line their own pockets and the pockets of their friends with money created out of nothing.  
 
Because the market cannot be fooled, the market responds to the fraudulent creation of money by prices going up. This is form of tax that is very easy to hide. In fact Thomas Jefferson said or wrote  
 
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."  
 
Because we are moving into the future one day at a time, it is normal to conclude that humans are going to find solutions to problems. For example paper money did not always exist. At one point in humanity those that traded carried their gold or silver in a bag on their belt. Well having your money in gold on your belt made it easy to be robbed. Hey you have to go to sleep sometime right?  
 
To prevent from being robbed many people kept their gold or silver with someone that was trusted and could afford to have other trusted people watch his precious metals and the precious metals of those who he received a fee for doing so. In exchange the Goldsmith / Silversmith would give those who gave them their precious metals a receipt for the metals. It was found that people then started to trade the receipts just as well as the trade of the precious metals. This was the precursor to modern banking.  
 
Then what happen is the Gutenberg invented the printing press. They say he was printing bibles, I say that was a cover story, just like 9/11. With the “invention” of the printing press, this allowed the banks and governments to create a giant FRAUD and at the same time cover it up. Just like Jefferson said!  
 
What bitcoin does effectively is level the playing field for everyone. The great news is that because it is leveling the field there is great opportunity to CASH in on the the leveling of the playing field. For example back in July 10 2010 YOU and I too, could have bought Bitcoins for Frn$ .06 but we both missed it. Had you sold those same 1428.5714 bitcoins in july 10 2011 their value in Federal reserve Notes (Frn$)would have been 21,285.77 at Frn$14.90 Fast forward to July 10 2012 the value of them would have been about $10k cause the price went down slightly to Frn$ 7.76 still a decent profit. Move forward again 1 year to July 10 2013 and the value was Frn $82.26 the value would have been Frn$ 117512.29 Move forward to November 29 2013 at the top of the market those same 1428.5714 bitcoins would be worth...drumroll please... 1.59 MILLION Dollars.
 
We both missed that one however I am not going to miss the next big one are YOU???   Morpheus is turning into a Bitcoin Evangelist of sorts he welcomes you to get more information he is available at m-o-r-p-h-e-u-s(at)t-i-t-i-a-n-i-a-n-s(dot)org
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