Why Bitcoin (And Other Cryptocurrencies) Will Inevitably Become Tools Of The Rich, Powerful, and Criminal
Why Bitcoin (And Other Cryptocurrencies) Will Inevitably Become Tools Of The Rich, Powerful, and Criminal
Hillbilly (4th December 2013)
Honestly, if that happens, the anarcho capitalists who started it will simply start another one that they can use free from impediment from the "rich, powerful and criminal".
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
I've posted elsewhere already, but really good description of how bc works, and a pitch for using it, by clif high on red ice radio here:
Clif High - Hour 1 - Bandwidth Caps, Bitcoin, ISON & Nummo Origins
full description inside ^. Advance to about 30 mins to hear the bc discussion. Despite the chatter around GSUS about bc over the past ~year; I've never really checked it out. This podcast was a great intro. It reminds me of the part 2 or 3? of "Money As Debt", where this sort of currency model was advocated.
I don't have time to watch both M.A.D. 2 & 3 again; here they are, check them out if you never watched-- I recall it was the latter half of the video where the bc-like currency model was advocated:
MONEY AS DEBT 2, THE TRUTH ABOUT MONEY
MONEY AS DEBT 3, THE TRUTH ABOUT MONEY
FAKE "ELECTIONS" - Why Ron Paul Can't "Win"
"If telling the truth marginalizes you, then that is the place to be. After all, if enough people are willing to be marginalized, then before you know it, society has developed a different center. This is the politics of truth." -- E. Martin Schotz
I'm with rawdog, if it comes to trading E-flakes I'll just optout and trade mercury dimes, chickens and mangos.
Too much maintenance over a nothingness barter chip.
mick silver (4th December 2013)
i already trade with a paper and everyone i hand it to take it . and they dont know me nor were i live
“Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” ~ Outlaw Josey Wales…
STOP F*CKING WITH US.