Alex in PA.

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.

On 3/4/2022 at 9:36 AM, RWB said:

Back to the original subject, please.

 

You created a monster!

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.

On 3/2/2022 at 12:47 PM, GoldFinger1969 said:

They can't access it now -- they are worthless.

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.............

On 3/2/2022 at 10:01 AM, GoldFinger1969 said:

Nothing else is worth anything I guess.

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.

On 3/1/2022 at 2:08 PM, VKurtB said:

that doesn’t include a big ol’ windmill in my back yard

Alabama would never allow that; fear that you might go Don Quixote on it.  

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?

On 2/28/2022 at 9:18 PM, GoldFinger1969 said:

I think the gold market is afraid Russia will dump gold for hard currencies but nobody will trade with them

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.

On 2/28/2022 at 4:40 PM, GoldFinger1969 said:

I think Eastern Europeans will want a few gold coins rather than 1 BitCoin if they are worried about future incidents.

Agreed and they will not be the only ones.  When it comes to gold greed has no allies.

On 2/28/2022 at 4:00 PM, RWB said:

he financial sanctions imposed for invading Ukraine mean that no dollars, euros or yen can be sent to Russia

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."

  Again and again and again

On 2/26/2022 at 8:59 AM, RWB said:

There are three distinct hub varieties of 1908 DE

As usual; I have no idea what you are talking about.  This one is from the Wells Fargo outfit in, I believe, New Mexico.

On 2/23/2022 at 6:42 AM, J P Mashoke said:

with a wig on.

Oh dear; what you said.  

On 2/23/2022 at 3:46 PM, VKurtB said:

Do you think the Sally Ride one will be popular?

Oh Oh; him too.  Where's our Resident Amateur Mod when he is needed?    

On 2/23/2022 at 3:22 PM, VKurtB said:

maybe you shoulda bought gold a year ago.”

Or like I did.  Pre 9-11 gold.

On 2/23/2022 at 3:01 PM, VKurtB said:

butt-stupid ads from Rosland Capital’s shill. 

But, but doesn't William Devane have a right to a job too?  

Great report; as always.  Thanks.

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.  

On 2/20/2022 at 8:40 AM, Fenntucky Mike said:

Counterfeit, end of story.

Thanks.  It is very interesting to know they don't only counterfeit US coins but foreign coins also.  Good job.

On 2/20/2022 at 8:40 AM, Fenntucky Mike said:

 PRICE REALISED:€5,400

 

Amazing and Irish too. Good call on your part.