[QUOTE=Sidney;426569]Did you or others learn anything?[/QUOTE]You have sent this same article to me in the past via private email dude. I refer to this stuff as "Sidney Spam". LOL. But thanks for reminding me. LOL. Monger on Papi. Toymann
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[QUOTE=Sidney;426569]Did you or others learn anything?[/QUOTE]You have sent this same article to me in the past via private email dude. I refer to this stuff as "Sidney Spam". LOL. But thanks for reminding me. LOL. Monger on Papi. Toymann
[QUOTE=Toymann;426570]You have sent this same article to me in the past via private email dude. I refer to this stuff as "Sidney Spam". LOL. But thanks for reminding me. LOL. Monger on Papi. Toymann[/QUOTE]Hell, I'd be happy if he would just learn to put the articles in the quote tags so I wouldn't have to do it myself.
Here's how to use the Quote tags.
Put this front of the text to be quoted: [size=3][b][quote][/b][/size]
Put this at the end of the text to be quoted: [size=3][b][/[u][/u]quote][/b][/size]
It will appear like this as you compose your report: [b][quote][/b]Text to be quoted.[b][/[u][/u]quote][/b]
And it will be displayed like this:
[quote]Text to be quoted.[/quote]Thanks,
Jackson
[QUOTE=Jackson; 426575]Hell, I'd be happy if he would just learn to put the articles in the quote tags so I wouldn't have to do it myself.
Jackson[/QUOTE]Hell, I'd be happy if he just stuck his head up some Haitian hooker's ass and quit posting about BA, where he hasn't been in three years!
Sorry Sid, but you got that coming!
I for one can't wait to see if prices crash on condos. Either here or Brazil (once all the jobs are gone related to the World Cup and Olympics).
[url]http://ferfal.blogspot.com.au/2012/09/gold-sale-banned-in-argentina.html?m=1[/url]
Can't let those pesky citizens protect themselves from rampant peso printing. Since it looks like Obama will win reelection, I better figure out a safe country to start moving assets into. Argentina, the country of pension plan theft and currency controls. Coming to a government near you.
[QUOTE=SunSeeker;426580]I for one can't wait to see if prices crash on condos. Either here or Brazil (once all the jobs are gone related to the World Cup and Olympics).[/QUOTE]Although the Olympics and the World Cup are HUGE cash generating events they should have a ZERO influence on Argentine real estate prices.
Both events are too short in duration and too far away.
Those reales will stay in Brazil.
After the events Argentina may experience a bit more Brazilian tourist but they will not be coming here to buy dirt.
TL
[QUOTE=TejanoLibre; 426643]Although the Olympics and the World Cup are HUGE cash generating events they should have a ZERO influence on Argentine real estate prices.
Both events are too short in duration and too far away.
Those reales will stay in Brazil.
After the events Argentina may experience a bit more Brazilian tourist but they will not be coming here to buy dirt.
TL[/QUOTE]I was talking about prices for condos crashing here in BA or in Brazil. I wasn't talking about the events in brazil affecting prices here in BA, only in Brazil. That's why there was " (once all the jobs are gone related to the World Cup and Olympics)" after the word Brazil in my post.
Wonder when the chickas will start taking them?
Europe is not the only region to test Bitcoins. Last week, Simon Black reported that companies in Argentina are turning to Bitcoins to bypass recent draconian capital and market controls. Black features a car rental company that has not only begun accepting Bitcoins but are even offering discounts for doing so.
Black writes:
The 1-day rental rate for a basic car was 380 Argentine pesos. At the government's official rate, that works out to be $74 USD. In Bitcoins, the same car rents for 1.13 BTC... Which is approximately $54 USD. This is nearly 30% cheaper!
The benefit for the rental agency is the privacy; they can avoid all the costly fees, bureaucracy, and debilitating capital controls associated with a normal transaction. Plus, they can hold Bitcoins instead of the rapidly depreciating Argentine peso.
What's more, even entire nations are interested in using Bitcoins to get around trade restrictions. Bloomberg reported on how Iranians are using Bitcoins to get around sanctions:
[URL]http://www.activistpost.com/2013/03/cyprus-bank-raid-bitcoins.html[/URL]
Seriously, Bitcoin appears to really be gaining strength and speed. This Cyprus theft, now followed by New Zealand, should give it quite a boost. Certainly worth education yourself about.
TC.
[QUOTE=Towncryr;432536]Wonder when the chickas will start taking them?
Europe is not the only region to test Bitcoins. Last week, Simon Black reported that companies in Argentina are turning to Bitcoins to bypass recent draconian capital and market controls. Black features a car rental company that has not only begun accepting Bitcoins but are even offering discounts for doing so.
Black writes:
The 1-day rental rate for a basic car was 380 Argentine pesos. At the government's official rate, that works out to be $74 USD. In Bitcoins, the same car rents for 1.13 BTC... Which is approximately $54 USD. This is nearly 30% cheaper!
The benefit for the rental agency is the privacy; they can avoid all the costly fees, bureaucracy, and debilitating capital controls associated with a normal transaction. Plus, they can hold Bitcoins instead of the rapidly depreciating Argentine peso.
What's more, even entire nations are interested in using Bitcoins to get around trade restrictions. Bloomberg reported on how Iranians are using Bitcoins to get around sanctions:
[URL]http://www.activistpost.com/2013/03/cyprus-bank-raid-bitcoins.html[/URL]
Seriously, Bitcoin appears to really be gaining strength and speed. This Cyprus theft, now followed by New Zealand, should give it quite a boost. Certainly worth education yourself about.
TC.[/QUOTE]Only a matter of time before CFK's hackers and the Senate go full-bore to block this end run on their sovereign right to fleece the populace.
That said, something like bitcoin has the most immediate potential to disintermediate (fancy way of saying 'get rid of the middleman') portions of the black/blue markets. That is because the early adopters will be primarily individuals and those for whom the marginal savings theoretically compensate them for their increased risk. The open-source nature (created by someone operating under a pseudonym) is going to face challenges from institutional players (many of whom could also be disintermediated (middleman is the preferred role of banks)) by this technology if it went main stream).
There is a company in the Pacific Northwest that has (IMO) a better mouse trap (compared to bitcoin) that they first showed me several years ago. It is far more robust, transparent and dollar-denominated which, better lends (no pun intended) itself to replacing portions of the global banking industry.