R3publicans:  Why are People, Businesses, and Countries Adopting Bitcoin?

By Greg Mathers

October 31, 2017

Many people are now realizing the debt of their respective countries is not sustainable. They are looking at the options their countries have, and what rules the powers that shouldn’t be (TPTSB) would impose, because of previously bad decisions they, TPTSB, have made. Most countries have only two options, print more money to pay their debts, or default on their debts.

The first is really a slower version of the second since when a country prints more money and then they pay their creditors with that currency it has the effect of making the currency worth less. That is to say any time you have an abundance of an item it’s value tends to be less than a similar item that is scarce. That is called “monetizing the debt” and has the effect of devaluing the currency for everyone that is using that currency, that is called inflation. It is really a way a country can tax their citizens without most of them realizing what is happening.

Continue reading via R3publican – Why are People, Businesses, and Countries Adopting Bitcoin?

MuskogeePolitico/OCPA's Small: Just Let Them Learn

Just Let Them Learn
by OCPA President Jonathan Small

As the results of Oklahoma public school student performance on state assessment tests emerge, the news is sobering.After decades of lying about student performance, administrators have finally adapted…

MuskogeePolitico: Happy Reformation Day!

Today marks 500 years since Martin Luther (according to legend) nailed his 95 Theses to the door of the church in Wittenberg, Germany. His writings and preaching fanned the wildfire of Reformation across Europe that had been slowly smoldering for sever…

R3publicans: Japan Just Killed the “Bitcoin Will Be Banned” Meme

One of the most durable claims of cryptocurrency skeptics is that “governments will ban bitcoin once it threatens their fiat currency or their control.” Ben Bernanke recently gave voice to this claim as if it was received wisdom.

Sorry, crypto-skeptics: Japan just killed the “bitcoin will be banned” meme. Japan has established itself as the safe haven of all legit cryptocurrencies and cryptocurrency exchanges. Japan is not just the world’s third largest economy; it is a keystone of the global economy in supply chains, ownership of overseas assets, capital flows and technology. Japan’s embrace of cryptocurrencies suggests the Japanese understand that adoption of crypto and blockchain technology offers whatever nation is firstest with the mostest in legal protection of these technologies will have a powerful competitive advantage.

summary via R3publican

Sooner Politics: State Health Dept. Head, Terry Cline Resigns, To Avoid Firing

  After patching a financial disaster of their own making, the Oklahoma legislature is observing the scandal of Terry Cline’s mismanagement of the dept. of Health.  Cline has survived 3 administrations and managed to keep getting top appointments from governors and agency boards.  But his fiscal sloppiness finally caught up with him.  He quickly submitted his resignation and the board of the state health dept. quickly accepted it.  Without mi […]

Read the full article at Oklahoma’s Political News service, www.SoonerPolitics.org .

Sooner Politics: Republicans of Tulsa County Oppose State Tax Increases

Chairman McLain Calls Out Governor & Legislature For Failure To Address Waste & Unnecessary Pork Spending. ​by David McLain,Chairman of the Republican Party of Tulsa County –    To meet a short-term budget problem, our Republican Governor, House and Senate Legislatures proposed massive, permanent, tax increases on services, gasoline, tobacco, oil and […]

Read the full article at Oklahoma’s Political News service, www.SoonerPolitics.org .