HOW MUCH OF A PREMIUM OVER SPOT BITCOIN WILL EXCHANGE TRADED FUNDS (ETF) CARRY ?

THE PREMIUM WILL HAPPEN BECAUSE BITCOIN IS UNDER OWNED AND A TSUNAMI OF APPETITE IS BUILDING..TRADERS AND INVESTORS WANT STOCK-LIKE VEHICLES...THEY REALLY DON'T WANT TO TRADE FUTURES...PARTICULARLY WHEN THE FUTURES ARE STUCK IN REAL TIME VALUE THAT MISS OUT ON FANTASY PRICING !!!

BARTER WILL BE THE FIRST AND LAST STANDING

HERE COMES BARTER...THERE GOES WORLD WIDE CENTRAL BANKS FIAT MONEY AND WALL STREET MINI INVESTMENT CENTRAL BANKS AND THEIR PRIVATE LABEL FIAT MONEY

WORTHLESS MONEY LEADS TO WORTHLESS PEOPLE

HOW DID WE GET BIDEN AS PRESIDENT?...MIGHT AS WELL ALSO INQUIRY HOW DID WE GET BITCOIN ?..IT'S THIS WAY...WHEN YOU CAN'T TRUST THE MONEY YOU START TO FANTASIZE WHAT YOU CAN DO WITH WORTHLESS PEOPLE

CBDC OR BITCOIN ?

EVER HEAR OF CBDC ? ....IF YOU ARE ALIVE YOU MUST HAVE....THE ACRONYM STANDS FOR CENTRAL BANK DIGITAL CURRENCY...IT'S OUR GOVERNMENTS ENTRY INTO CRYPTO CURRENCY....SO IT'S THIS WAY...YOU WANT CBDC OR DO YOU WANT BITCOIN?..PLACE YOUR BETS ...WHEN PUSH COMES TO SHOVE I'M GOING WITH BITCOIN AND THE SECOND AMENDMENT AND A SKILL I CAN BARTER WHICH WILL BE THE LAST REFUGE ONCE FIAT MONEY DISAPPEARS. Like Comment Share

BITCOIN VERSUS MODERN MONETARY THEORY

Bitcoin is up $1,000.00 this morning. It's trading approximately at $12,850.00 . Some months ago bitcoin was trading in the $3,000-$4,000 range . So what's up? I think the implicit embrace of Modern Monetary Theory by Trump and his poodles at the Federal Reserve were the catalyst. When was the embrace? About a month ago-approximately May 8. Trump publicly dog whistled, so to speak, his companion dogs at the Fed kennel and told them that interest rates were too high. That was revolutionary.Ten years into an expansion, 3.6% unemployment and near trillion dollars deficits at federal level for this year and maybe into the future as long as we have a future and Trump wants more stimulus.Our fiat money is already laughable. We we give it away gratis to illegals just for showing up. We give it to homeless who don't buy toilet paper with it. We also start wars of choice with it.The theory behind Modern Monetary Theory is the governments monopoly on fiat currency is justified and by extension it's spending because it's confined to our democracy and all in our democracy deserve to participate in government spending. The only caveat is when inflation shows up the Fed must tighten. But what about all that debt at the federal, state, local, corporate and personal level that was created during the easy money stimulus? How will it be paid off with a tightening fed policy? All of these moving parts don't bother the technocrats at the Fed nor does it bother the Philistine Trump who worships at the liquidity altar.Investors are not buying it.And so goes bitcoin up in a ballistic trajectory. There's a social dividend to bitcoin. Bitcoin won't pay illegals, won't give assistance to homeless and bitcoin won't fund wars.

Bitcoin, Ethereum & Federal Reserve

Cryptocurrencies Bitcoin and Ethereum are up 280% since the beginning of this year.As of today approximately $49 billion of Bitcoin and $36 billion of Ether are the outstanding valuations.Those figures are dwarfed by the approximately $ 4 trillion amount outstanding of the worlds currencies. That would be the folding stuff in our pockets. But my folding stuff is not up 5000% since the start of 2017.My twenties and tens are still at face value but a little more wrinkled. So going forward should crypto currency be included in my wallet? I can have leisure in making a decision. But one person is thinking harder about what crypto currency might do to her job. That would be Federal Reserve Chair Janet Yellen. She 's determined not to go back to that kosher deli in Manhattan. She and the whole house of cards that support human civilization through the tool money is being threatened.Right now crypto currency makes up about 2% of the traditional currencies issued by the Fed, Japan, Eurozone, China et all. Small? Yes. But that 2% didn't exist 6 months ago. Crpto didn't move the needle.What's the Fed going to if anything about the upstart? I would think that Yellen has to make the dollar a better store of value. To that purpose interest rates will have to go up probably more than people expect. Also the Fed has to shrink the balance sheet. At the moment the balance sheet is at $ 4 trillion.Number coincidence with current world wide outstanding paper? That will definitely get rates higher.According to a news blurb last night on the Nightly Business Report the Fed has moved up the start its balance sheet shrinking to September 2017. That's a ninth month speed up.Bitcoin and Ether are once in a lifetime or many lifetimes game changer.Fiat money as per central banks game plan has finally met its match. The complacency of gold and investor sentiment and volatility can be somewhat better understood by judging the performance of cryptocurrencies and concluding that chaos might be around the corner and its foil may be Bitcoin and Ether. Here's a question. All the debt in the world is based on central bank currencies. So how will those obligations be met?

Eliminate Debt, Eliminate Politicians, Eliminate Unnecessary Wars, Eliminate Welfare And Political Correctness: Embrace Virtual Money Or Barter

Finally a way out of the mistakes of the past.How does one know mistakes have been made? Add up the personal , local ,state and federal debt. If the actions of the past were correct then there would be no debt to be burdened with. Both virtual money or barter would mitigate or eliminate legacy debt that we didn't sign up for. But our politicians assigned us.We can break this cycle by starting fresh. Let people with money pay off debt. People like Warren Buffett who is loathe at the mere mention of Bitcoin. Why? Because all the companies he has invested in have trillions of debt on the books. But the debt is denominated and payable in Central Bank currency. If the economy switches to barter or virtual money those debts become not payable. Same goes for debt from our government. People like Bush and Cheney ran up bills to finance illegal wars. Let them and others of the military-industrial complex pay off the government debt.Declare independence from legacy debt. Barter or use virtual currency in whatever form it morphs to.

Malaysia 370 And Bitcoins: Is There A Connection? Hijacking And Ransom Demand In Bitcoins

Malaysia Air Flight 370 has been missing for nine days. No trace. The more forensic facts come out the more they point to a well planned event. Particularly the fact about position-relaying electronic gear aboard the plane being turned off by hand. Could this be a kidnapping? How will the hijackers be paid? Bitcoins? Is there a connection between the Mt Gox bankruptcy because of a hacker or hackers looting the firm of nearly 500 million in stored Bitcoins and the planes disappearance and possible ransom demand of Bitcoins in payment? The kidnappers would benefit two ways. First their stash of one half billion in Bitcoins would appreciate because of this credible act of monetizing Bitcoins on a grand scale and also getting paid in an untraceable method.

Bitcoin Or Barter

A quick overview of Bitcoin as provided by Wikipedia left me asking why bother.Aside from being described as a cryptocurrency that is based on an open-source crptographic source than can be stored in your digital wallet after using bitcoin miners to find it while keeping in mind that the clock is ticking because Bitcoin creation will be halved every four years until there are 21 million Bitcoins created.Oh by the way all the bits of Bitcoins esoteric being were existing ideas from the cypherpunk community.That doesn't make it necessarily ready for mainstream. The purpose of the Bitcoin is to facilitate peer to peer virtual currency transactions deliberately excluding central monetary authority. I.E. no government printing press currency .But currency is currency. It's still the root of all evil. My thought about its bad rap is it allows people to be in more than one place at a time. The human in the best of circumstances should be limited in influence to his or hers immediate geographical locale. But money allows all sorts of messy projections. Such as sending currencies to Rhino pachers to kill and deliver Rhino horn by the pound. Without Bitcoin or the traditional folding green of any country this atrocity would largely disappear. So what's better for us and the planet instead of Bitcoin or traditional money? Barter is the answer. There are no barriers to participating except ones lack of talent to exchange.