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Re: jatikos post# 29340

Monday, 08/11/2014 9:11:32 PM

Monday, August 11, 2014 9:11:32 PM

Post# of 57991

US consumer agency warns against bitcoin haha.

Risk ebiz warns you against the value of paper currency.

There is so much US paper money in circulation now. We can't even fathom how much money is being printed. Since the Feds stopped reporting M3 like 7 years ago nobody can see how much new printed money is added to the existing pile of paper money.

With bitcoin only 21 million bitcoins can ever exist. That gives bitcoin precious value. Yet some shareholders still get scared outta MELY and sell back into paper currency. Which blows my mind.

I'm more confident in bitcoin then the US dollar. No way in hell I sell my shares back for dollars at this level. And when I do end up selling MELY after I make a boat load of worthless US dollars, I will be putting all those worthless dollars into gold or anything but US dollars.

US consumer agency warns against bitcoin haha funniest thing I've heard in quite some time.

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