The Hidden Dangers of Bitcoin

The copy posted on YouTube said this: “Bitcoin is a revolutionary decentralized architecture which can be used for an untold number of incredibly valuable services – including the transfer of financial value. As Bitcoin adoption continues to expand, significant interests are threatened and early users could face an incredibly dangerous backlash. Please protect yourself, a fight is coming…”

We do have some differences with Stefan (most are insignificant), but our major concerns with Bitcoin are that 1) it is just another commodity based currency, therefore subject to speculation and 2) it is still not YOUR money. We consider these significant issues which shall be covered in a forthcoming paper concerning frauds, scams and other methods of stealing “financial value” from you. Stay tuned.

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Current Value of Proposed Valun

V1 = $2.89
7 May, 2021

$2.59 at 22nd Valun inception 6 August, 2020. The lowest price a proposed international standard value unit or Valun will ever trade in US dollars. If this 22nd inception point is exceeded by a rise in the price of gold in dollars, a 23rd inception point is chosen, always higher, never lower. In this way the Valun maintains and builds its purchasing power. Details in this blog.

Valuns are proposed as alternative currency, not "buy and hold" investments.

NOTE 4/25/21: For about the last week we have observed delays in reporting and closes when they come that seem to attempt to short the markets on gold and silver. Though this does go on all the time, the past week's performances have seemed manipulated. When or if this subsides, this note will be removed. We'll then resume the usual times posted for market daily closes.

SPECIAL NOTE: Each change in the Valun price is updated by hand. Between 5/10/21 and 5/24/21 regular Valun updates will not take place and will resume after that date.