Watch the flash crash live at 11:30 in this video.
Now I would like to hear all of those Bitcoin holders tell me again that I don’t get it and that it was not a Ponzi Scam.
For all of you laughing at the insanity of Bitcoin, you better think again if you are holding dollars. The collapse of the dollar will not be as fast but the real world brutality of the collapse will have no comparison in human history. Get out of your stocks, bonds, real estate, 401k, IRAs any paper asset and get into real tangible assets. Read the Silver Bullet and the Silver Shield.
So you dont want to own realestate during the crisis? What could happen if you have positive cash flow in realestate and the dollar fails? I know a few people that recently just bought a new home.
It’s as much of a Ponzi scheme as those who built gold and silver mines in the past when such metals were more easily mineable had an advantage over latecomers.
The flash crash was caused by the largest exchange playing fast and loose with their security and getting hacked in a big way, not with the fundamental encryption which undergirds BitCoin. I could claim that Von NotHaus was a fool for not compartmentalizing his organization so that he had no knowledge of where his organization’s bullion was stored making it safe(r) from seizure. I wouldn’t claim that the raid on The Liberty Dollar was a problem with precious metals.
I currently hold silver in case SHTF. I think it will be more recognizable and widely accepted than BitCoin, and it doesn’t require that the internet continue working. It’s probably harder for the government to stop (though they can strongly incentivize major businesses to stop accepting it by making private ownership illegal), but BitCoins, like precious metals, are international and there is a limit to America’s hegemony – especially as its monetary power is waning.
Any system that helps break the backs of the banking cartels should be applauded – unless, of course, it is indeed a scam. The fact that BitCoins give the early adopters an advantage and the fact that they are electronic do not make it a scam. The fact that an exchange got hacked does not make it a scam. It could be the next Dutch tulip craze, but what it represents is revolutionary.
I want to close with an assertion that, unless one is trading in physical specie rather than scrip backed by it, precious metals are prone to fractional reserve games and give the powers that be centralized targets to go after.
With dollars, the “value” is not the paper but the print on it. With bitcoins, its the ones and zeros on the harddrive. With gold, it’s the metal itself. Dollars and bitcoins can be created to infinity. Gold is limited in supply. That is the heart of the matter.
Hey Chris,
Just wanted to take a moment out of my life to thank you for all the life changing decisions/events that have occurred because of the information you've brought to the forefront when I discovered you, DTOM, & the SOL academy.
I shunned the psychopaths in my life, closed my facebook, took every hour of free time to see the academy and read A LOT (a first for me), learned that I have a deep innate thirst for knowledge and teaching, jumped head first on topics I would have NEVER taken an interest in if not for waking up (finance, economics, politics, psychology, to name a few), and view everything in a completely different, but forward thinking and more intricate way.
What you say is so true ... "once your eyes are open, you can never close them again" - EVER.
The magnitude of all the changes that I've made in my life because of the SOL academy are so huge that I can't even begin to put a word on it. It's like a golden seed of life, love & truth, planted in my mind that is making me realize what does matter, what is real, and what I want be at the end of the day to myself, loved ones, and the world.
Hope you're having a well-deserved and wonderful time with your family. A toast to you, the individuals in our group, and all the great and positive things to come despite such times.
Peace.
- Irving A.
Sons of Liberty Academy Testimonial
You really need to sign up at the Sons Of Liberty Academy! I have been researching, as Chris has, for the last 5 years and have found out many things that have really changed my way of thinking! After signing up with Chris I have learned a lot more and he has vilified that which I have already learned!
Check it out!
He will BLOW your mind and secure your future! Chris Duane ROCKS!!!
-Dennis S.
Sons of Liberty Academy Testimonial
I just finished the 10 modules of the Sons of Liberty Academy. I have never been so educated and aware, in such a short time.
I now have a game plan and see my role more clearly. It all makes sense.
It is very important to understand what is going on in our world and how to fight against it most effectively.
45 hours of video is a lot of information (I spend 3 weeks day and night, going through the course).
I would look for information on my own and it would take me a lot of time but to have it done and just to be able to build on that is great.
I do appreciate it to be free otherwise I would not be able to take it.
Thanks;
Raj
Sons Of Liberty Academy Testimonial
I just wanted to drop you a note and thank you. I've been studying the Academy, about to start module 5.
The information I've observed to this point has opened my mind to new ideas, and also reaffirmed some beliefs I've always had. I feel a tremendous sense of confidence now, the fear is subsiding, and I'm excited to complete the Academy and find the direction I can take with my future, as well as my friends and family.
As Bill Hicks said, the next revolution will be a revolution of ideas. I'm glad to be a part of this program.
Many thanks,
Michael
Naples, Florida
Sons of Liberty Academy Tesimonial
"Silver Shield,
The Sons of Liberty Academy is really fantastic! I highly recommend the Academy and the hard work and dedication to the truth that Silver Shield has put forth for defenders of Freedom and Liberty.
The betrayal of the Tea Party loyalist is becoming evident. A rebellion is brewing day by day, and the Power Elite have every right to be very worried.
Awaken People don't be fooled again! Join the Academy.."
-Ray
Sons Of Liberty Academy Testimonial
My only regret is that I did not have this knowledge 20 years ago. The Sons of Liberty Academy is truly life changing.
If anyone is on the fence about joining the Academy, I will tell them they are doing themselves, their family and the country a injustice by not taking it.
Don’t let the money stand in the way, the course is invaluable and will pay for it self many times over with the finance info within the course.
I have two masters degrees and the Sons of Liberty Academy has been of greater benefit than all the “formal” education I have received.
Thanks Chris! You are a true Patriot and hero! -Randy H.
Sons of Liberty Academy Testimonial
"I am very excited about what I've learned so far! I have 3 more modules to complete. I've gone through a few of them twice, especially when there is history discussed. I find that very interesting. I am going to run through the entire Academy again, and review all the additional materials linked below the videos. There is so, so much information. Thank you for your hard work putting this together.
I am spreading the word."
- Michael L.
Sons of Liberty Academy Testimonial
"I have just finished watching Module Six and continue to be amazed at the deception perpetrated on the American people.
I applaud your work and thank you sincerely for these eye-opening truths you have laid out.
I never had an interest in politics or our monetary system because it seemed too confusing, however, the simple way it is taught in the Academy has far surpassed any education I have received in my 35 years on this earth."
- Sean A.
Sons of Liberty Academy Testimonial
"In just a few short months, I've gone from being a skeptic to being a believer.
I'm a born-again Christian, a veteran, and a patriot, but I'm also a realist.
I now prep and am protecting my assets.
DTOM has played a big part in my new education.
Heck, I love the T-shirts, too!
Thanks for doing a great job. Now I Get It!!!!"
Harry S.
Thank you for giving me the wisdom of awareness.
I have been sharing it with others, but there are so many more to reach. I am not afraid of the changes we will soon see, but confident that I am prepared to handle them. We are building a strong group here in my area and have shared your website with several key people of influence here.
Thank God I found you and took the time to go through the Academy. At the risk of sounding overly dramatic, my life will never be the same, and for that I am very grateful.
So you dont want to own realestate during the crisis? What could happen if you have positive cash flow in realestate and the dollar fails? I know a few people that recently just bought a new home.
Absolutely not as an investment.
What is the value of a home without a 30 year subsidized mortgage?
What is the chance that the title to the property is tied up in the MERS debacle?
What will local governments do when they become squeezed for cash?
What will the cost of utilities do in a hyper inflation?
What is the availability of renters when the unemployment is 25%?
What is the chance that the property is involved in riots that will happen in urban areas?
…. is it because it’s backed by dollars and debt? Maybe a light bulb.
It’s as much of a Ponzi scheme as those who built gold and silver mines in the past when such metals were more easily mineable had an advantage over latecomers.
The flash crash was caused by the largest exchange playing fast and loose with their security and getting hacked in a big way, not with the fundamental encryption which undergirds BitCoin. I could claim that Von NotHaus was a fool for not compartmentalizing his organization so that he had no knowledge of where his organization’s bullion was stored making it safe(r) from seizure. I wouldn’t claim that the raid on The Liberty Dollar was a problem with precious metals.
I currently hold silver in case SHTF. I think it will be more recognizable and widely accepted than BitCoin, and it doesn’t require that the internet continue working. It’s probably harder for the government to stop (though they can strongly incentivize major businesses to stop accepting it by making private ownership illegal), but BitCoins, like precious metals, are international and there is a limit to America’s hegemony – especially as its monetary power is waning.
Any system that helps break the backs of the banking cartels should be applauded – unless, of course, it is indeed a scam. The fact that BitCoins give the early adopters an advantage and the fact that they are electronic do not make it a scam. The fact that an exchange got hacked does not make it a scam. It could be the next Dutch tulip craze, but what it represents is revolutionary.
I want to close with an assertion that, unless one is trading in physical specie rather than scrip backed by it, precious metals are prone to fractional reserve games and give the powers that be centralized targets to go after.
With dollars, the “value” is not the paper but the print on it. With bitcoins, its the ones and zeros on the harddrive. With gold, it’s the metal itself. Dollars and bitcoins can be created to infinity. Gold is limited in supply. That is the heart of the matter.
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