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Alex in PA.

Member: Seasoned Veteran
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Everything posted by Alex in PA.

  1. Bitcoin is decentralized, so there is no central authority that governments can go to (or coerce) to force or disallow transactions. However Bitcoin is still owned by people, and people can be forced to perform certain actions that they do not necessarily want to do. While a government cannot command the Bitcoin network to make a transaction to happen, they can go to a particular individual who owns Bitcoin and coerce them to make a transaction Furthermore, governments often have the power to arbitrarily seize assets owned by people. They can do this by force and physically taking things away. This is often how Bitcoin is seized - the hardware that contains the private keys is physically taken by the government. Once they have access to the private keys, the government can perform any transactions that they wish. There is nothing that Bitcoin can do to prevent this; it is up to the individual to ensure the security of their private keys. So, the US Fed must travel to Russia and seize The Vlad's, and his Oligarch buddies, computers, laptops, I Pads, etc and take away the 'Bad Boys' assets.
  2. People talk about these 'Sanctions' as if they were some kind of secret weapon. There have been 'Sanctions' on Putin ever since George Bush and look how well they have worked. Why not ask the Ukrainians about 'Sanctions' on Mother Russia. Europe is STILL buying oil and gas from Russia and no, the Rads didn't turn off the pipeline. And our great fearful leader still refuses to sanction Russian energy. GREED has no allies.
  3. Oil $110.68 per barrel. Oil up and the Market up. Don't see that often.
  4. I'll be the first to admit you know more about this than I. But....no matter what people say Putin is not a donkey. We have no idea how long he has been planning this escapade of his and how much, for year(s), he stashed away. We do know that Autocrats and Dictators love to keep large stashes of money and reserves (Gold, etc, etc) stored in the most secret of places. We also have no idea who is buying Russian resources right now. Try to keep in mind that GREED has no allies. They are saying on the news that Vlad the Impaler's 600 billion dollar war chest is now just about empty. If true he won't be able to pay his soldiers and then.............
  5. I agree with you; Russian money is no better than Monopoly Money now. Of course they may have some Yuan and other currencies from years gone by. Gold and Silver perhaps. Most Russian metals production is exported. Russia is one of the world’s largest exporters of raw materials. Its market share of total global exports in nickel is estimated at around 49% – palladium: 42%, diamonds: 33%, aluminum: 26%, platinum: 13%, steel: 7% and copper: 4%.. Some countries will be greedy enough to buy silently.
  6. Alabama would never allow that; fear that you might go Don Quixote on it.
  7. Swing vote Sen. Joe Manchin (D-W.Va.) on Monday night similarly called for the end of imports of Russian oil. “If there was ever a time to be energy independent, it is now. I am calling on the Administration and industry partners to take action immediately, up to and including banning crude oil imports from Russia,” Manchin said in a statement. "Must be the other 'Joe", eh? "Reports show that the U.S. is buying 650,000 barrels a day from Russia, a major concern after President Vladimir Putin's deadly invasion of Ukraine, where hundreds of civilians have been killed after six days of violence. Now, the White House faces bipartisan calls for an increase in domestic energy production." Putin will only accept US Dollars or Bitcoin for the sale of oil. How, and why, are we paying for this? ABC News 2/27/2022 “Following Russia's invasion of Ukraine, Biden defended his decision to preserve access to Russian energy in order “to limit the pain the American people are feeling at the gas pump.” But some academics, lawmakers and other analysts say that excluding an industry at the heart of the Russian economy essentially limits the sanctions and could embolden Russian President Vladimir Putin.” NO PAIN – NO GAIN Suck it up Yanks!
  8. I must have lost track but what does all this have to do with the Wells Fargo Hoard? Speaking of Saints I have a Patron Saint; does that count?
  9. Once again; when it comes to gold greed has no allies. I speculate: The EU would snap up all of Putin's gold in exchange for Euros without blinking an eye.
  10. That Political Administration is out now. The new one is "Kerry Climate Friendly".
  11. You lose. The top five sources of U.S. total petroleum (including crude oil) imports by share of total petroleum imports in 2019 were - Canada 49% - Mexico 7% - Saudi Arabia 6% - Russia 6% - Colombia 4% stated on August 16, 2021 in social media posts: The U.S. is “now importing 800,000 barrels of oil from Russia,” but that could have been prevented if the Keystone XL pipeline hadn’t been cancelled.
  12. Agreed and they will not be the only ones. When it comes to gold greed has no allies.
  13. So solly to disappoint but Yuan, and Chinese held US Dollars, are flowing into Russia. Also, what is J.B. paying for that Russian oil that we are now guzzling. Monopoly Money?? China has criticized Western sanctions on Russia and said it will not follow suit, calling the measures "never a fundamental and effective way to solve problems” and saying it "always opposes any illegal unilateral sanctions."
  14. As usual; I have no idea what you are talking about. This one is from the Wells Fargo outfit in, I believe, New Mexico.
  15. Oh dear; what you said. Oh Oh; him too. Where's our Resident Amateur Mod when he is needed?
  16. But, but doesn't William Devane have a right to a job too?
  17. Doesn't matter to me. I only bought 3 (P), (CC) (Peace) and all turned MS 70. I'm happy, the Mint is happy and the TPG is happy.
  18. Thanks. It is very interesting to know they don't only counterfeit US coins but foreign coins also. Good job.