Status #14282

Do you trust that the use of pseudo currencies (like [...]

East London, Eastern Cape
via Ubuntu Planet
Do you trust that the use of pseudo currencies (like Bitcoin) is a step in the right direction?
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Toni L
Bitcoin could help us move away from the conventional monetary system. It seems to be a well designed open system owned and controlled by the people using it. I think we should definitely try to learn more about such systems and use them to our advantage.
Monday 11 July 2016, 06:47:04
Tony, I trust Bitcoin much more than any of the Rothschild controlled fiat currencies (all around the world). I don't have any but, I believe it would be a good idea. There have been several alternative currencies created - is there a website with a summary comparing how they work and their pros and cons?
Monday 11 July 2016, 17:00:48
Toni L
Im not sure about the website you refer to. An earlier conversation with a friend and member of Ubuntu confirmed that these virtual currencies may just be the 'Band aid' to the problem of financial slavery and not an actual solution. Still a step in the right direction in my opinion nevertheless.
Monday 11 July 2016, 18:39:02
Probabley not 100% but 100% more than banks and Fiat currency. I use Bitcoin and StartCoin
Monday 11 July 2016, 21:55:50
i do not like bit-coins! more slavery! let go and be free.
Tuesday 12 July 2016, 01:02:20
M.Tellinger, explained beautifully on alternative currencies like Bitcoin, because its a software based currency, its system can be turned down hence , control. We don't need money, we just need Ubuntu.
Tuesday 12 July 2016, 06:07:58
I agree Kato 100% we don't need any form of money, unfortunately UBUNTU needs to grow until we can get that. We need a massive push, with that a puch for an election in the UK and UBUNTU to win we need it more than ever
Tuesday 12 July 2016, 18:17:37
Zoe W
the question of it going in the right direction, i would say yes. of course the best human solution would be to eliminate money completely from the equation. the reality is that eliminating money from our culture will take time and will be a slow process, because our culture has been conditioned to NEED and WANT it, and many have a hard time understanding how we could do without it. and when I say many I mean Most. bitcoin and others doing similar work such as Monetas in Switzerland( see link) are at least getting money away from the banks. and it is built on an open source network meaning, it is impossible to tamper with - it is called trust technology. your money would be stored in a different system, not in a bank who is using your money to make billions more money. also your money could be spent anywhere in the world, not just your country of residence. with that said, i still believe eliminating money from the picture is the best human scenario. peace.…
Wednesday 13 July 2016, 03:26:16
I agree with Zoe, the thing is we need a temporary alternative to the fiat currency. When the collapse looming I feel bitcoin and the like will provide a great alternative until we establish the Ubuntu system
Wednesday 13 July 2016, 20:48:03
Nicholas H
You always hear the globalist talk about a cashless world. Thats exactly what bitcoin is no cash, just numbers on a computer. My gut tells me this is a Trojan horse design to usher in a cashless world.
Sunday 7 August 2016, 03:00:58

hey! i think our "real" currencies are pseudo currencies as well!
our money is nothing but numbers (1s +0s) it is completely worthless!
its a game that only works because most of us play it and fallow the banks rules!
maybe we can play a other game!
maybe we can play without maney!
are you ready?
hafe fun
Monday 8 August 2016, 11:01:57
Nicholas H
currencies backed by gold and silver have always been the "gold standard"(pun intended), Until we can get rid of money altogether gold and silver backed currencies is the way to go and this is what the globalist have always been against. Here in the US, it wasn't until we got off the gold standard that our country started its collapse into fiat hell.
Monday 8 August 2016, 20:58:42
I believe that as the globalists begin to roll out their new currency (SDR or whatever they want to call it) they will claim it is backed by gold. That won't mean us common folk would be able to buy gold for dollars or any other currency, it will just be a phrase they can use to assure everyone that the new currency is backed by gold. It wouldn't surprise me if Russia and China make the announcement pretty soon. Maybe you trust gold but, don't trust "gold backed"!
Tuesday 9 August 2016, 21:46:27
why would you trust gold? what do gold reserves for the humans?
Tuesday 9 August 2016, 23:23:02
I believe that physical gold will always retain its resale value. I own a few one ounce coins and they are mesmerizing to hold in your hands. Fiat currencies begin with gold backing and eventually their backing gets stripped away politically before they reduce to zero value. Since this cycle takes a century or two, most commoners never catch on.
Wednesday 10 August 2016, 16:33:24
Physical gold? You realize this is a universe of amazing abundance, as it should be on earth. Once the veil drops, and it is revealed that money of all forms is an illusion and controlled by bankers. They already know gold is inflated and will plummet once we all discover the abundance of resources out there waiting for us all. This world too will realize the corruptive influence of gold and money, and I pray it will be very obvious very soon. Have faith in each of us, and we will create a new world of abundance for all.
Monday 19 September 2016, 19:03:30
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