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IT’S ALL COMING APART AT THE SEAMS — Jason Burack

by SGT, SGT Report.com:

Thanks to Wikileaks, we now have smoking gun proof that the corrupt Democratic National Committee and the corrupt mockingbird mainstream media have been colluding to prop up Rothschild’s pick for U.S. President, ultra-corrupt Hillary “I really do belong in prison” Clinton. Never before have the crimes of the establishment been so clear for all to see, even some Liberal Democrats are finally waking up!  If you care to really understand how deep the Clinton crime family corruption runs, be sure to watch CLINTON CASH – and then share it with others.

And against the backdrop of our crumbling banana Republic, the global economic Ponzi continues to deteriorate at an alarming pace.  Jason Burack from WallStForMainSt.com is back to help us dissect all of the latest.

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

108 comments to IT’S ALL COMING APART AT THE SEAMS — Jason Burack

  • wauhoo

    What a bright guy. You have to be on your toes to keep up with him he talks so fast. Have him back anytime. That last part about the Congresswoman from Florida was amazing. $800,000 taken and 300 years in the stir. The Clinton’s qualify for millenia!

  • Ed_B

    “Never before have the crimes of the establishment been so clear for all to see, even some Liberal Democrats are finally waking up!”

    OMG! Living proof that the brain-dead really can come back to life… sometimes. X-|

    • Eric

      “waking up” is a loose term Ed.

      For instance, the libtards may now finally realize that the system is rigged. But it’s unlikely they will realize that socialism/communism is the initiation of force by government against the people. Ask any of them to define socialism, communism, or fascism and you will be surprised at the various answers you get.

      • fonestar

        Yeah “wake up”? fuck you… you go around citing ESTABLISHMENT papers like Bloomberg.

        I don’t give 2 fucks about your “judges” or “banks” or “government” and what “standards” they want. Fuck anyone that does. DEATH TO TRAITORS.

        • Eric

          I love you too. Even if you are a scam artist and a criminal promoting pump and dump ponzi schemes that are unsafe places for one’s wealth.

          • fonestar

            You and your ZH/SGT buddies are too dumb to even understand what “a ponzi” is. You don’t hate the establishment, you want to become the establishment. You’re a bunch of fucking traitors is all you are.

            • Eric

              I don’t hate anyone. But I’m not the one that fell for the unregulated unbacked all digital currency scam.

              • fonestar

                Do you know what STATISTS do?

                * They hoard gold
                * They care about “laws” and “judges” and “standards”
                * They read establishment newspapers..

                Hmmmm…. almost sounds a little bit like AGENT ERIC??

                • Eric

                  *We aren’t hoarding. We are saving in HONEST MONEY.

                  *The rule of law states that…

                  1. The government and its officials and agents are accountable under the law;
                  2. The laws are clear, publicized, stable, fair, and protect fundamental rights, including the security of persons and property;
                  3. The process by which the laws are enacted, administered, and enforced is accessible, fair, and efficient;
                  4. Access to justice is provided by competent, independent, and ethical adjudicators, attorneys or representatives, and judicial officers who are of sufficient number, have adequate resources, and reflect the makeup of the communities they serve.

                  *I read everything I can get my hands on. The most important part is to use critical thinking skills so you aren’t stupid enough to invest in fake currencies which are nothing but a confidence scheme.

                  Clowns invest in fake currencies. But it looks like the joke is on you. You should have backed it with poptarts or something tangible. lol! 🙂

                  “Bitcoins are a fake currency that is nothing more than a confidence scheme. Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment.”

                  http://nypost.com/2014/07/26/dear-john-once-again-bitcoin-is-a-joke/

            • Howard Raork

              WTF is wrong with you, the free market will determine the “value” of your bitCON, not your foul mouth, ad-hominem tantrums.

            • SGT

              Say goodnight to fonestar everyone! He’s one guest we no longer care to host.

      • Ed_B

        @Eric

        Indeed so. Chris Mathews tossed Debbie Shultz a softball question on his cable show some months ago that was, “What is the difference between a socialist and a Democrat?”. She stared at the camera for a good 7-8 seconds without saying anything, like a deer in the headlights. She had no answer to this simple question, so like a good lib, Mathews rescued her from intellectual oblivion. lol

    • Carlos

      Yea it’s fun to watch people wake up. If people would actually read what the political scam system is and realize assigning your power of attorney to the electoral college to appoint a bunch of actors to look after your interests is completely insane, then they would WTFU even faster. Only the sleepy sheep and the starved for entertainment crowd would be thinking about politics. My big wake up in that area was when Ronald Regan was appointed president. I said to myself an actor WTF. Now its clear to me that they are all actors.

  • Johan

    It’s not about keynesian economic theory. It’s about stretching this as far as possible. They want this crash, they have no illusions about where this will end.

  • Johan

    Sean do you have a link to Kyle Bass revealing that ‘playbook’?

    That would be an interesting read. Thanks

    • SGT

      Johan, Here’s a clip of Kyle Bass at the AmeriCatalyst 6th of November 2011

      [@ :44 – :57]

      • Ed_B

        “Just kill the dollar”, eh? Well, they seem to be doing all they can to achieve that goal. Makes stacking a lot easier, doesn’t it? After all, why hang onto a soon-to-be toast bundle of fiat currency? Perhaps now is the time to be asking, “Why not buy gold and silver?”, as well as a lot of other preps that will be useful during and after hard times come.

  • Kim

    It was amazing! I visited my seventy year old Mum and we watched Clinton Cash on my Iphone, she like many brainwashed by the programming on (Canadian) TV had a 180 degree turn. She reluctantly said, maybe Trump is not so bad!
    Keep up the good work Sean and best to all SGT’ers, together we can make a BIG DIFFERENCE.

    • fonestar

      Tell your mom that I enjoyed our visit and to buy some goddamn Bitcoin.

      https://localbitcoins.com

      • Eric

        Bitcoin = Pyramid Scheme/Ponzi Scheme/Confidence Game/Fake Currency

        1. Early adopters take something with no intrinsic value.
        2. They set about building up the perceived value to an unsuspecting public.
        3. Only to sell that illusion for something that has REAL VALUE.

        fonestar is a con man/scam artist/criminal. He’s exposed himself now for everyone to see.

        • mike

          Only BTC is money..Pms an asset only..Please let me know where I can order stuff online for PMs or even a store any store in the US that accepts PMs as money? I got tons of this stuff and would love to spend it like money? Sorry again you have an asset confused as money. BTC=MONEY..PMs= Asset..Here I will even link the youtubes for you so you will believe PMs do not spend..And as an asset it is not that great if you try to barter with regular people, 1oz gold coin might get you a hot dog….

          • Eric

            Then how come you’re the only one that calls BTC money while everyone else calls it a currency or a pyramid scheme? You should learn the difference between money and currency first. Then you should learn how to talk and communicate with people in person so you have some real skills like knowing how to barter with others. What are you going to do when you can’t just order stuff off the internet? How did you ever survive before 2008?

            Gold and Silver is not only money but also a currency and easy to exchange for any worthless paper or digital currency if you prefer. If you have “tons of the stuff” which I highly doubt and have no reason to believe, you should exchange it now and put everything into your ponzi scheme which unfortunately is not a store of value.

            https://www.allbusiness.com/utah-ready-to-accept-gold-and-silver-as-legal-tender-is-the-return-of-the-gold-standard-next-15480672-1.html

            http://www.thenewamerican.com/economy/markets/item/18426-oklahoma-affirms-gold-and-silver-as-legal-tender

            • fonestar

              First of all, fuck you.

              Secondly, fonestar and hundreds of thousands, soon to be millions of others are also calling Bitcoin money. Because Bitcoin is pure money.

              • Eric

                Good well thought out argument. You have more credibility now.

                I don’t blame you for being so angry and upset. After all, bitcoin was down nearly 1% for the week and is currently in a downtrend. I’d be angry too if nobody was buying a fake currency/ponzi scheme that I was dumb enough to invest heavily into.

                Luckily, I wasn’t dumb enough to do so and don’t have to make things to match reality like call digital blips on a screen “money.”

  • Mr Cause

    When America votes Trump in, it will be like cutting a “head” off. One would have to understand that spiritually speaking “the head” is the one in Authority (Head of the House). If you see that truth, beware of revelations 9. The result of this cutting off, leads to the arrival of the Anti-Christ and the 3 1/3 year period we have to get through to reach His Return. Many are going to die.

    We also know, the lawless one has been revealed. 2 Thess. 2:3.

    Just Saying. Only those who seek truth will ever understand the significance of what I am saying. Do not fear, stay focused, believe the truth. Allow all this to pass over.

    Trust Jesus/Yahshua (you know who I am talking about, the one who laid down his Life)

    All this is, is a test. Do you Believe in Him?

    Mr C

  • Mr Cause

    sorry, 3 1/2 year period. Bet some of you caught that.

  • rich

    Night of the Hollow Men: Notes From the Democratic Convention

    by Jeffrey St. Clair

    “This was a night dominated by the hollow men of the Democratic Party: Panetta, Kaine, Biden and Obama. Men who knew better, but did worse.

    Barack Obama possesses so many scintillating skills, perhaps more skills than any other political figure of the modern era. Yet he put those magical gifts to such meagre, timid and often brutal uses. What a waste. His is the tragedy of a squandered presidency.”

    + Jesse Jackson is a hollow shell of his former self. Once one of the most electrifying speakers of our time, he now is thoroughly pacified and house trained. He can’t really believe what he is saying about the woman who called black teenagers “super-predators”? What does he really mean when he says that you can “trust” the woman who pushed for the destruction of welfare that further impoverished the lives of poor black mothers and their children? “Hillary Time? Hope Time?” Jackson couldn’t even look at the camera when he wrenched out those tortured phrases. If Jackson wasn’t embarrassed for that speech, I was on his behalf. Once he was a rebel against the System. Now he is a hired gun for the elites.
    Bernie Sanders hasn’t left the building with the Sandernistas. He gave a speech this morning to the Texas delegation, where he called Trump the “worst candidate in modern history.” If that’s true, what are they scared of? The election should be a cakewalk.

    + Almost every speaker on stage today has repeated the phrase “scary Donald Trump.” They are working overtime to scrub away the image of Madeleine Albright from last night, which caused so many Democratic children to have a sleepless night.

    + Terry McAuliffe, the Clinton’s former BFF (second now to Elizabeth Warren), mentor to Tim Kaine in the art of political grifting and current governor of Virginia, has an ego the size of Trump Tower. McAuliffe knows all of the Clintons secrets. He knows what they think and how they deal. McAuliffe gave an early morning interview to Politico, where he confided to the reporter that Hillary was only pretending to oppose the TPP to neuter one of Bernie Sanders’s main campaign themes. The governor assured the reporter that after the election Hillary would once again support the job-killing trade pact with a few cosmetic adjustments. The McAuliffe Leak exposed the worst kept secret in Washington.
    Jeffrey St Clair, Notes From the Democratic Convention 2016

    http://www.counterpunch.org/2016/07/28/night-of-the-hollow-men-notes-from-the-democratic-convention/

  • john

    No it is not coming apart from the seams.
    They would like you to THINK SO!
    I THOUGHT! i would warn you.

    • Eric

      Another excellent article by Jeff.

      I do hope mike reads it closely before commenting and pulling his numbers out of a hat without any documentation to back them up.

      “First of all, if silver was priced at an historic norm (versus the cost of labour), a fair-market price for silver today would be somewhere around $1,000/oz. Some readers may choose other metrics for estimating their own “fair-market value”, but by any rational calculation, we would still be dealing with some three-digit number as a price for silver.”

    • Eric

      I hope mike watches this video too and then tells us all how it’s so easy for one man to mine silver with one machine again.

      • fonestar

        Looks like a big block of metal. No surprise that block heads like it.

        • KRELL427

          No block heads flock to block chain technology,so everything they do is recorded

        • Eric

          It’s not a “block.” It’s a brick. A PRECIOUS metal brick. Bricks are what is used to build a solid foundation. Blocks are what little children use to build toy houses that get knocked over.

          It should be humorous to watch fonestar lose it as his fake currency scam trades below $645. That should knock it all the way back down to $600. Meanwhile, Silver is getting ready to test the $21 level again.

          I’d be angry too if I invested in a big scam that I’m stuck in and can’t get out of. But he has nobody to be angry at besides himself for being a “blockhead.” 😉

          • fonestar

            When Bitcoin was born an ounce of Silver cost $8.00 and 1 Bitcoin was $0.001.

            Seven years later, an ounce of Silver is $20.00 and 1 Bitcoin is $840.00.

            You do the math fuckhead….

      • mike

        1 man on 1 machine right there for you to see lol, lets see filter presses giant vats to spin the material, dynamite, machines to scoop and move material etc and you still dont get it you stupid retard. How did they get Silver years ago? 1000s of SLAVES.It is not equal. Nice to have silver out of nothing dont you think..Machine Chemicals and VIRTUALLY NO HUMAN LABOR. Seriously are you Retarded? Fking moron.

        • KRELL427

          Sorry to hear your friend Fonestar left his last comment on SGT a short while ago,his vocabulary was very close to yours.

          • fonestar

            Wrong again dumbass

            • KRELL427

              Too bad the turd is back in the punch bowl.

              • Eric

                Krell,

                We might as well conserve our strength for next week when BTC continues it’s current downtrend pattern while Silver and Gold possibly break out to new highs.

                The bliptard criminal and his simpleton sidekick should be throwing a much bigger temper tantrum by then.

                I would if I was dumb enough to buy a fake currency/pyramid scheme with only perceived value that isn’t worth anything.

                I wonder if I can sell a can of california air to one of them for Silver.

              • mike

                You are the turd in the punch bowl.I thought people here want to slay the vampire squid? It obvious PMs are not going to do the job but the true MONEY btc is doing to RIGHT NOW lol. Please stop using your masters computer when he goes to work and making parrot comments. Stick to asking for crackers..Bird Brain.

                • Eric

                  Please explain how an all digital currency with only a 10 billion dollar market cap is going to slay the 1 quadrillion dollar vampire squid mike.

                  It’s not even 2% of the size of Apple. BTC is a tech stock without a product to sell.

          • mike

            Really you cant say MORON here but you can say kill the Jews and blame them for everything??? You can be a Nazi? I suppose you have Jews hiding on your closet and poisoning your well and peeing in your Cheerios? You and Eric are just epic morons. If you hate the Jews so much then why do you want a gold standard only to have the bansters manipulate it again like every Gold standard in the past? 5000 years of Jew manipulation right?? Why would you by default endorse the dollar paradigm by directly supporting Jewish banksters by buying PMs? Mines take lots of loans from banks to keep the machinery running and keeping the lights on to produce your jew proof perfect money that doesn’t SPEND? Really up until about 2009 the only thing I ever heard about gold is that is was a Jew thing always squirreling it away and a dragon thing. Your Jew masters really got your bird brain in a bind.
            Why not use real money that spends. BTC circumvents right now banks and gubberments. PMs dont at all? In a collapse scenario PMs will be worthless as pointed out in the video above…That is the real world and what you will face attempting to spend your pms. You might get lucky and get a hotdog for your gold coin. No one knows what they are and will not be willing to sell you a thing. They will also not be divisible since you cant pay for something with a fragment of gold that people don’t even believe is real in the first place. I swear you really are a parrot or maybe a duck?

            • fonestar

              Correct. Nothing spells CENTRALIZATION and STATE like big vaults of Gold. It’s possible that the .gov now has the Satoshi hoard in their possession but if that’s the case we can always just fork or go to an alt.

              • Eric

                DUH! It was created by the CIA and you fell for it.

                http://ciaproject.org/bitcoin/

                But yes, there are lots of other worthless crypto-currencies and ponzi schemes you can invest in. Maybe one of those will work out better for you.

                Nothing spells wealth preservation like Gold.

                If you didn’t earn it, you don’t deserve it.

              • mike

                It doesn’t matter if the gubberment has a hoard of BTC or not. The gubberment steals all sorts of things from people.. They can still only sell it 1 for 1, it is the only honest money on earth truly limited in supply. Look what they did with their PM hoard sold it 1000 to 1 lol. Cant manipulate BTC but you can manipulate the hell out of PMs. Don’t think these retards Eric and the parrot of the parrot Krell get it.
                CIA lol controlling BTC..BTC is their worst fear, no way to control it..Looks like you fell for some idiot CIA link saying they control it to keep you away from it.. ah hahaha, epic tard.
                Stick with the Jews controlling your every move. In a strange way Jews Peeing in your Cheerios makes more sense to me.

                • fonestar

                  Yes, I’ve thought of that too Mike. But what I mean is that they would not sell the Satoshi hoard. They would just become the new “Federal Reserve” of the crypto world. I mean, maybe they would have to play a smarter hand then they did over the last 100 years (knowing a lot of crypto users would revolt and reject this). But what I mean here is that it’s highly unlikely the powers *do not* know who SATOSHI is/was. He communicated with Gavin for a year or so, it would have been a trivial task to locate him unless he took great pains to conceal himself, which I doubt. All I’m saying is that it raises some interesting questions and dilemmas about Bitcoin.

  • Kakistocracy

    Its coming apart because they have decided to cut loose.
    Who are they?

    Who owns the FEDERAL RESERVE ?
    Who owns the Bank of All of Banks the BANK OF INTERNATIONAL SETTLEMENTS ?

    He Who owns America Inc., controls America Inc. .

    Look to the ROTHSCHILDS

    DEEP STATE ROTHSCHILD Agents are everywhere.
    Why?
    Because the marginal cost for bribes to the Rothschilds is nothing.
    Thus you know have UNIVERSAL SYSTEMATIC CORRUPTION in almost ALL WESTERN COUNTRIES OF THE WORLD.

    We are being extorted to death.
    DEBT ?
    There is NO DEBT !
    It is ALL A CON GAME !
    IT IS A CONFIDENCE GAME !
    Wake UP !
    Ponzi

    • KRELL427

      Why not use that illusion to purchase some real wealth?

      • fonestar

        Real wealth is in the digital currency, Bitcoin.

        • hal

          Yes all that intensive cost and labor required to produce a digital record. Not to mention the fantastic utility and application that the digits provide to ensure a genuine economic demand for them simply based on their properties.

          BTC isn’t bad, but personally I accumulate zynga poker chips and facebucks (those must be a thing,right?)

          From here on out this world is digital only! All of the human goods and services will be digitized and there will be no need for material commodities and goods!

          • fonestar

            That is correct hal. Only a dumb shit living in the 20th Century would not see the advantages to having themselves and everything around them digitized and virtualized. It is time that mankind take the next step in human evolution, and this time it will be a conscious step towards the ultimate.

            • Eric

              fonestar, your wires are hanging out. And you should put some skin cream on that remaining tissue of yours. Funny, but I don’t remember it ever working out for them. All things digital require Silver. BTC isn’t reflective or conductive. But there are plenty of digital currencies to transact in at anytime. But as for no need for commodities, maybe you can recharge your batteries rather than eat food. Oh woops, that requires silver, lead, zinc, lithium and graphite… real tangible wealth. Only a dumb shit living in his mom’s basement would think otherwise.

      • Kakistocracy

        What do you think the Rothschilds have done with that extorted wealth in the TRILLIONS ?!

        They have bought up:
        Entire industries: newspapers, editors, journalists, reporters
        Hollywood, Films, Producers, Distributors, Directors
        Finance and Banking: ALL OF THE MAJOR BANKS in the Western World.
        Military and Intel Agencies: CIA, MI6, MOSSAD, ISI , CSIS, BOSS
        Governments of the world: US, Canada, Mexico, UK, France, Germany, Spain, Italy etc.

        TRILLIONS will buy you well, TRILLIONS.
        Which means you can buy entire countries rather easily.
        e.g. Goldman Sacs bribed Malaysia’s PM with a $1 BILLION bribe.
        Money cost NOTHING when you own the FEDERAL RESERVE and the Bank of all banks the BANK OF INTERNATIONAL SETTLEMENTS.

        This is what happens when you have a DEBT based currency.
        Currency issued as DEBT to a private European Jewish Family.
        Probably not a good idea e.g. 1913.

    • anon

      +1, Kakistocracy.

      What World-famous Men have said About the Jews
      https://www.youtube.com/watch?v=4MYPzKNQUE0

      Are Your Opinions Crafted by Foreign Powers?
      http://sgtreport.com/2016/07/are-your-opinions-crafted-by-foreign-powers-jerry-robinson/

      Read the comments.

  • Eric

    If you don’t hold it, you don’t own it.

  • Millicent

    It’s Howdy Doody Time but instead of Clarabell and Mr. Bluster we have Fonestar & Eric.

  • glitter 1

    A comment on “Clinton Cash”,some will scoff at it others may think it’s off the wall,some may even agree.

    As the world moves closer and closer to the Planned NWO, events moving us towards that goal will accelerate,be more dramatic along with the players effecting those events will be more arrogant,smug,pompous,defiant.What the Clinton’s have done/are doing is nothing new,it has always existed albeit in less an open/cavalier/brazen fashion.People surely wouldn’t act in this fashion if they were worried about being taken to task/held accountable/prosecuted by the law.The FBI and DOJ decisions as of late conform to Hillary and Bill that yes we are untouchable and above the law.It also sends the message that the MSM is conplicit and people in positions of power are duplicitous.The evil and lawlessness runs high and deep.The perfect setup to usher in their NWO,they aren’t even trying to hide it any longer,it’s overt and out in the open at this point in time.The arrogance is so pervasive because they know there will be no backlash,they are in control,who is going to do anything about it!Lawlessness rules the day!

    This brings me to my point,the Clinton’s are not unique,just a couple of minions engaged in doing their part,along with countless of others in the network,working/doing their bit parts in bringing in “The Kingdom” aka NWO and being rewarded handsomely for their efforts/loyalties.The Clinton’s are practicing High Level Initiates in the covert/secretive network of evil power/influence.

    Mt 4:8 Again, the devil(god of this world) taketh him(Jesus) up into an exceeding high mountain, and sheweth him all the kingdoms of the world, and the glory of them;
    Mt 4:9 And saith unto him, All these things will I give thee, if thou wilt fall down and worship me.
    Mt 4:10 Then saith Jesus unto him, Get thee hence, Satan: for it is written, Thou shalt worship the Lord thy God, and him only shalt thou serve.

    Bill/Hillary and countless others which make up the hidden/covert network of world power and influence,which belongs to “The God Of This World” have made their choices.

    Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.

    It’s just the current reality of things.The Clinton’s may be getting by,but they will not get away.

    • Eric

      Good luck even getting them to watch it!

      One girl told me, “I just can’t.”

      The dumb sheep continue to make excuses for the criminal crooked clintons. They are still in complete denial and get exactly what they deserve for being so ignorant.

      When the shit hits the fan, I won’t be helping them. They will only be a hindrance.

      One guy told me, all the work just dried up all of a sudden here in Hollywood. Hmmm geee I wonder why. Welcome to the Obama “recovery.” Maybe he can get them to throw a few more trillion at the problem.

      • glitter 1

        We are witnessing “Strong Delusion”.

        2Th 2:11 And for this cause God shall send them strong delusion, that they should believe a lie:
        2Th 2:12 That they all might be damned who believed not the truth, but had pleasure in unrighteousness.

        • anon

          “We are witnessing ‘Strong Delusion'”? Yes.

          War is being waged upon us, by deception. The Western “elites” have two primary, stated goals: 1) GLOBAL DEBT-ENSLAVEMENT OR POVERTY FOR ALL, and 2) GLOBAL DEPOPULATION.

          Who are the Western “elites”?
          “Jews”.

        • glitter 1

          Take the time(1hr 24min) and listen to what Svali has to say about these people,who/what they are and their generations old plan.Then correlate what she says with the Bushes,the Clintons,the Rockefellers and the other 1%ers that are in high/controlling levels of the six areas she delineates.

          https://www.youtube.com/watch?v=GHNhg1PW1F0

          It’s all there,spelled out/explained.

  • Craig Escaped Detroit

    Bitcoin, (the world’s ONLY true MONEY), has been FALLING DOWN by about 5% in recent days!!!

    Oh My GAWD!!! The HORROR of it. How will the world survive when the only TRUE money (BTC) is crashing? How will we buy FOOD, gas, water, or pay our bills?

    I don’t know how I will survive without Bitcoins. I’m at my wits end. /sarc.

    • Eric

      Careful Craig,

      The comment crew (millicent and victoria) will be on you if you bait fonestar or mike.

      But they won’t ever offer much in the way of helpful information. They’re just here to criticize the rest of us. Or at least me.

      It is funny watching bitcoin drop like a rock though. 🙂 I might buy some when it gets closer to its fair value of around 38 cents.

      • glitter 1

        My take on Bitcoin:

        Bix,High,Hoffman et al,all claim BTC is the future of money,it will save all those who “Invest” in it,it will be a store of wealth going forward,etc,etc,blah,blah,blah…..

        Let’s look at some facts,
        It is electronic and requires smart phone/computer savvy to acquire/manage it.
        It requires investigation/education about it and what it is.

        In the US,it would require the largest economic demographic of 80 million Baby Boomers to actively be involved in the first two major facts I’ve pointed out.
        I’m here to say that it is my firm belief that not only are most/majority of Boomers are totally ignorant/non-computer savvy, although many have smart phones, but don’t really know how to use them to their fullest.
        The majority of Boomers and vast majority of others have never even “Heard” of BTC yet alone learn about/use it or could really GAS anything about it. We all have family,friends,acquaintances that will corroborate it as a microcosm of reality.
        And as far as BTC gathering a critical mass preceding/during an financial conflagration, millions upon millions of “deer in the headlights” victims will not be thinking about some “fad” that they may have briefly heard about/seen something about in a brief passing, yet alone take time to investigate on electronic platforms they are ignorant of to start with! The vast majority of the Middle Class/Baby Boomers “so called”, don’t even have a retirement savings and/or couldn’t scrape together $1,000 in cash to mitigate and emergency.

        Yes BTC may have a following, albeit a very very mynute number/percentage of individuals with anything financial to be able to invest/protect themselves,which includes Chinese or any other Global Demographic for the same reasons.

        Andy Hoffman has recently stated that the next financial system will most likely be digital, I agree. However, I hardly believe it will be BTC. More like a cashless global digital currency backed by Gold, we will be told/lead to believe.

  • Jacobson

    More than 100 comments, 50% written by Eric, the keeper of the faith.
    Very intresting.

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