Bit coins and Silk road

[Felty]

I'm sure I'm not the only stoner who reads about secrets of the fed, 911 conspiracies, corrupt banking etc etc

I've heard about bit coins for a while. Apparently a lot of Russian investors to Cyprus switched millions into coins to save their money. It's meant to be the future currency as its not controlled by the banks. It's money without debt, all money that we use is debt. If we start using debt free cash then we could actually pay off our national debt rather than borrowing more money off banks in this endless debt cycle. The government and banks both know this and attack the situation with same approach as weed... Scare tatics and lies

And then there is Silk Road. A website that deals in bit coin meaning you can buy almost any drug online
Does anyone know anymore about either of these?

http://truththeory.com/2013/04/12/the-b ... evolution/

[dude65]

Yeah, I looked into Silk Road for a while. However, prices are pretty crazy. Especially with bit coin exchange rates jumping all over the place.

I found LOADS of information here: http://www.gwern.net/Silk%20Road which, incidentally, is the first hit you get when you google "using silk road".

[redeyezman]

While bit coin is in fact debt free currency I personally don't like it because its not tanigiable. You can't hold it or put it in your pocket. This is why I don't think it's the future, but its still better than most. It does offer an alternative, and competetion is so desperatley needed in the currency industry.

As for Silk Road I think it's fully encrypted which is good for all users but I'm not one of em.

[Felty]

Apparently you have to download a private browser so you can't be tracked.

Iv not properly looked into it yet, I'm waiting on payday. Then il have a ganders.

[Rob_OG]

Worth looking at Atlantis as well - similar layout, also only via Tor

[Taylor]

You can buy it online on silk road but it's just so much work for us lazy stoners. Now I know what I'm doing pc wise but I know to stay away from BitCoins. Think about it, the value of currency changes but we still have currency. Physical things which relate to real world gold.

The problem with Bitcoin is that it can't be moderated. A currency for the people sounds great but with no authority I think something fishy would happen somewhere. Bitcoins are useful for black market dealers, gangs and mafias imho.

As for silk road, I've ordered from there. It was equiv to the stuff you get on the AMS CS menus for 8-9e. It's ok but just 'ok'. That's not to say there arent some good sellers on SR.

To those people who are dry, I feel for you. I went on a website to order online and found a real life genuine dealer who imports from the netherlands weekly.


Good luck!

Namaste

[redeyezman]

Think about it, the value of currency changes but we still have currency. Physical things which relate to real world gold.

The problem with Bitcoin is that it can't be moderated. A currency for the people sounds great but with no authority I think something fishy would happen somewhere. Bitcoins are useful for black market dealers, gangs and mafias imho.

Physical things which relate to gold?..... I hope you're not operating under the impression that the US (or any) currency is fixed to gold, silver, platinum, or any other precious metal. If so you should probably read this,or if you don't like wikipedia then maybe this? Of if you like to hear it straight from the horses mouth fottage can be found on youtube. If todays currency is directly tied to anything, its crude oil my friend.

The great thing about Bitcoin is that it can't be moderated!!! A currency OF the people is great! Centralized authority is absolute power, and we all know that corrupts absolutely. Look at what centralized control has created at the privately run Federal Reserve Bank....The value of currency does change, no doubt there!...A dollar today, buys what a penny did in 1913....thats 99% devaluation! I guess the point of currency isn't to save it though right? What's it matter if you become poor simply because you were stupid enough to save what you earned???? <<<Sound ass backwards? It should... Maybe I am being unfair though....The Federal Reserve has to be doing SOMETHING right.... I mean they did make more profit than Apple and Exxon combined.

Something fishy could happen (already been proven true by Federal Reserve) though, that is true....BUT...if we have competing currency then whatever one is best will be victorious. What ever is more stable, sound, and most of all fair will and should be used by any, and all concerned with keeping what they have earned. I know economics seems really complicated, and we need genious to oversee/regulate it all, but that's simply not true. Photosynthesis is a really complex process, but does mean that we need someone to oversee/regulate it? Nope not at all. A guiding hand, or caregiver might help keep her free of disease (corruption) or ensure plenty of sunlight is hitting all colas (open/auditing of reserve lenders) but to think that caregiver is doing even .0000001% of the work the plant (free market) is simply laughable! Competing currencies is the answer. Just like going to the coffeeshops/people that offer the best cannabis, people would go to the currency that has been established as the best.

[Taylor]

Think about it, the value of currency changes but we still have currency. Physical things which relate to real world gold.

The problem with Bitcoin is that it can't be moderated. A currency for the people sounds great but with no authority I think something fishy would happen somewhere. Bitcoins are useful for black market dealers, gangs and mafias imho.

Physical things which relate to gold?..... I hope you're not operating under the impression that the US (or any) currency is fixed to gold, silver, platinum, or any other precious metal. If so you should probably read this,or if you don't like wikipedia then maybe this? Of if you like to hear it straight from the horses mouth fottage can be found on youtube. If todays currency is directly tied to anything, its crude oil my friend.

The great thing about Bitcoin is that it can't be moderated!!! A currency OF the people is great! Centralized authority is absolute power, and we all know that corrupts absolutely. Look at what centralized control has created at the privately run Federal Reserve Bank....The value of currency does change, no doubt there!...A dollar today, buys what a penny did in 1913....thats 99% devaluation! I guess the point of currency isn't to save it though right? What's it matter if you become poor simply because you were stupid enough to save what you earned???? <<<Sound ass backwards? It should... Maybe I am being unfair though....The Federal Reserve has to be doing SOMETHING right.... I mean they did make more profit than Apple and Exxon combined.

Something fishy could happen (already been proven true by Federal Reserve) though, that is true....BUT...if we have competing currency then whatever one is best will be victorious. What ever is more stable, sound, and most of all fair will and should be used by any, and all concerned with keeping what they have earned. I know economics seems really complicated, and we need genious to oversee/regulate it all, but that's simply not true. Photosynthesis is a really complex process, but does mean that we need someone to oversee/regulate it? Nope not at all. A guiding hand, or caregiver might help keep her free of disease (corruption) or ensure plenty of sunlight is hitting all colas (open/auditing of reserve lenders) but to think that caregiver is doing even .0000001% of the work the plant (free market) is simply laughable! Competing currencies is the answer. Just like going to the coffeeshops/people that offer the best cannabis, people would go to the currency that has been established as the best.

Elvis favourite sauce was BBQ. He sometimes consumed up to a couple litres a week

[redeyezman]

Elvis favourite sauce was BBQ. He sometimes consumed up to a couple litres a week

Yeah I knew everything when I was a stupid teenager too. You are right, these aren't the droids your looking for. Well, that's the last time I try to do that.... Thanks for the lesson kid.

[Taylor]

Elvis favourite sauce was BBQ. He sometimes consumed up to a couple litres a week

Yeah I knew everything when I was a stupid teenager too. You are right, these aren't the droids your looking for. Well, that's the last time I try to do that.... Thanks for the lesson kid.

Sorry I was making a casual joke?

Are you inferring that I'm a stupid teenager?

[redeyezman]

Are you inferring I think Elvis is alive?

Perhaps this is another stoned mixup?

[Taylor]

Are you inferring I think Elvis is alive?

Perhaps this is another stoned mixup?

No, I just gave an interesting chunklet of info. Yours was more like an accusation.

Oh well...time for a bowl

[Felty]

When I read that our money is backed to gold it made me laugh

Money WAS gold backed once upon a time, before the euro and before 'terrorists'

Money is only devaluing, as long as the federal reserve is printing we are going be in more and more debt, so money becomes worth less and less. Bit coins are prob the safest form of cash atm.

Gadaffi wanted to step out of this by abolishing the US dollar (printed by F.R) and using Libyas' own gold to back the new currency, meaning they were completely dependable as a country. But the Americans didn't like this, shot him, and now for some strange reason their is a war over their now. I forgot to mention, Libya has a lot of Oil and other valuable minerals too.
But obviously this is a coincidence...


While on the topic of oil. Remember a while a ago, 'the car that ran on water' how it never took off, even though it made so much sense. Well BP bought the idea off the inventor for a couple of million, why would they want water run cars to come along and single handedly overturn the major oil companies with free fuel; esspecially when we could just assist in another countries war, keep our hands 'clean', and drain the country bare, to then over price tax on it and make billions.
There was another guy who invented a different water powered car who refused to sell his idea now in hiding for his life in Pakistan somewhere

Fucked up world man

[Felty]

How much does the £ to bit coin equate?
How many do you have to buy?

[elasticband]

It depends where you buy, the biggest exchange is mtgox.com, their rates can be found their. Transfer fees and a small transaction fee apply.

Try localbitcoin.com to find someone locally to skip waits with bank transfers.