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All Quotes by author - Max Keiser
" Activists can improve their alternative media success by embracing alternative currencies like Bitcoin. "
Improve
Bitcoin
Like
" Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate. "
Balance
Success
Power
" As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value. "
Value
Two
Example
" As more wealth and political power is amassed - as bitcoins rise in value - Congress and various lobbying groups will be influenced to an ever greater extent by the interests of Bitcoin owners who - in turn - will lobby to keep the Internet and Bitcoin alive and growing. "
Political
Value
Rise
" Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible. "
Cost
Gambling
Big
" Bitcoin as an asset class is brilliant, as a means of payment, fantastic. "
Brilliant
Payment
Means
" Bitcoin is a peer-to-peer, decentralized form of money, as durable as the Internet itself. Remember, the Internet - or DARPA, as it was originally called - was created as a fail-safe, global network with no 'single point of failure.' If one part goes down, data takes another route, and nothing is lost. "
Money
Lost
Internet
" Bitcoin is probably the most fungible currency ever created. "
Bitcoin
Created
Currency
" Bitcoin is probably the most portable money in the history of the world. I can download any amount onto a thumb drive and walk across any border without any problems. Or, I could commit to memory a line of code that I can then input into the network and save or spend Bitcoins. "
Money
World
Memory
" Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power. "
Need
Power
Finance
" Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted. "
Money
Value
Revolution
" Bitcoin's success will guarantee Bitcoin's success. "
Guarantee
Bitcoin
Will
" Britain is the epicentre of financial fraud. Most major players outsource their fraud here because London is the unregulated cesspit of global finance. "
Finance
Fraud
Financial
" By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply. "
Poor
Fall
Money
" China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate. "
World
Dollar
Economy
" I am pro-capitalism, and I am pro-free market. "
I Am
Am
Market
" I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules. "
Law
World
Rules
" I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin. "
Early
Follow
Party
" If the Karmabanque hasn't worked, it's because there isn't yet a critical mass of people who are prepared to fight back and who instead prefer to be victims. "
Prepared
People
Back
" I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law. "
Law
Socialism
Worst
" In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. "
Money
History
Window
" In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy - where they are used to transact business. "
Price
Economy
Free
" I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin. "
Think
Silver
Safe
" Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top. "
Interest
Workers
Wealth
" MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are proving to be formidable because there's a solid community behind it, there's a use for it, and it's got a great market capitalisation. I think that's going to be a winner. "
You
Think
Great
" Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers. "
Law
Down
People
" Money is catching up to the technological trends transforming all aspects of society and business; entertainment, insurance, health-care, gaming, leisure, retail - all commercial and social verticals are going digital - including money itself. "
Money
Society
Business
" Most stocks bought and sold on Wall Street are held in what's called 'street name.' "
Stocks
Wall
Held
" Privacy is an age of universal email collection and spying, with millions of CCTV cameras and warrantless spying pervasive; privacy has become virtually nonexistent and, therefore, extremely scarce and desirable. Bitcoin can be a completely anonymous transaction that maintains the user's privacy beyond the reach of any authority. "
Privacy
Age
Authority
" Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil. "
Price
Blessed
Drive
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