Bullion and BitShit

grarpamp grarpamp at gmail.com
Tue Apr 26 19:11:29 PDT 2016


On 4/26/16, John Young <jya at pipeline.com> wrote:
> That's in bullion, no bitshit.

At least with the current generation and lineage of software
BitShit, you know exactly how much of it is in the ground,
how fast it's being mined, the pots it's held in, if it's moving,
what the metrics are and so on.
Even if you don't know who owns pots, or what the Grand Scheme
is, that's still better than most buillion schemes be it rocks, metals,
or paper. Though perhaps a bit more risky due to newness.

BTW, whatever shit is or isn't in Fort Knox hasn't seen
the light of day in over 40 years.

https://en.wikipedia.org/wiki/United_States_Bullion_Depository

https://en.wikipedia.org/wiki/West_Point_Mint
https://en.wikipedia.org/wiki/Delaware_Depository
http://nymag.com/news/9-11/10th-anniversary/gold/
http://www.rediff.com/money/2001/nov/17wtc.htm

To understand BitShit, it's needed to understand some of this...

https://en.wikipedia.org/wiki/Federal_Reserve_System
https://en.wikipedia.org/wiki/Executive_Order_6102
https://en.wikipedia.org/wiki/Gold_Reserve_Act
https://en.wikipedia.org/wiki/Gold_reserve
https://en.wikipedia.org/wiki/Gold_standard
https://en.wikipedia.org/wiki/Bullion_coin
https://en.wikipedia.org/wiki/Nixon_shock

> Now you know why only 200 Panama Papers files of 11,500,000
> have been released.

Another dataset, lost till time irrelavent.
Backup your BitShit.



More information about the cypherpunks mailing list