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Strategies & Market Trends : Currents of Currency

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From: Ahda	1/8/2014 12:59:23 PM
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So it begins and so I have numerous questions Enter the new world of bitcoins . Does the advent of the bitcoin have anything to do with the fact the US as well as numerous other dollars are entrenched with national debt? However the bitcoin exchange rate with US dollar as of now is $906.82 so on conversion the bitcoin is entrenched with US debt but without conversion is it worth 1 bit? Normally currency is attached to a Nation and that currency is indicative of the financial and future growth prospects of the nation it represents. You buy a bond which pays an interest rate and that bonds cash goes back to the nation you have bought the bond from. You are loaning a nation money for which they give you interest so they can invest in their growth. If a bit bond were bought who would the bits go back to? I suppose those bits might go back to a computer who in this point of time must reside on earth but can it approve a space loan for a new net endeavour? Now we have a new Nation called Net with net commerce and corps who unfortunately do not always have a large physical presence a group of us can walk into and sit. They do have a space on the net we can view and that is maintained by people who but must abide on the landscape of earth. Can I vote for the leaders of this new nation? What do I do Gawd forbid the Nets go to war and communication world and computers and bits could go kapoots. Does bitcoin now become distributed by a new form of bank that does not compete with walk in banks? Yet that bitcoin can be traded for currency that you can walk into a bank and deposit for close to zip interest while the bit moves and flips. US treasury dollars come back to US treasury as you can not spend them in other nations. Where do bits go? Pre FED there were numerous banks each giving out their own certificates and offering their own loans. I suppose gold was not worth much then but all banks took it. Doesn't much matter if someone infiltrated your system you have the value in your physical presence. But but but if that gold value is but an entry what do you do when the new nation of bits decides to declare war. There is a book on how to make you invisible on the net but what do we visibles on earth do? What do we do if the bits we own on the net are invisible?

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