"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
Neuro (25th September 2017)
Neuro (25th September 2017)
Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation
Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation
I once designed a facade renovation for a carpet/window cleaning business in exchange for carpet/window cleaning for my house. But to your point, how often does a carpet/window cleaning business need a elevation drawing of a new facade, while at the same time an architect could use some carpet/window cleaning?? For the rare occasions in our modern economy where such needs happen to overlap, it's a cool thing, but we could never count on this as the primary method of economic activity.
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation
madfranks (25th September 2017)
How could it be centralized in control? I thought, by design, that would be impossible with bitcoin. The only thing I can think of, is bitcoin is ahead of it's time and .gov could work on an "approved" or "backed by the gov" type of coin as a competitor. But even then, the people buying bitcoins wouldn't trust a government cryptocurrency. Any thoughts on that?
Also, I found this interesting link regarding the total value of bitcoin, compared to other types of investments, stocks, US dollars, etc.
http://www.marketwatch.com/story/how...ive-2017-06-21
life is good.
Say for example the Federal Reserve gets around and creates it's own "digital dollar". All member banks would likely use a Proof of Stake algorithm instead of a proof of work. While it would technically be Blockchain technology it would be centralized. Bitcoin itself could never be centralized due to the nature of it's initial release. But the technology itself is open source and could be made to be centralized by a state.
With Bitcoin yes, it cannot be centralized. But the technology is freely available and there is nothing preventing a state from creating it's own centralized blockchain.I thought, by design, that would be impossible with bitcoin.
Most Bitcoin enthusiast would not under any circumstances trust a government issued cryptocurrency. They might trade in it, they might even transact in it if it's beneficial for them to do so. But trust would still be in Bitcoin and other decentralized currencies. Kind of like Gold and Silver, we hoard it, but we certainly do not pay our taxes with it.The only thing I can think of, is bitcoin is ahead of it's time and .gov could work on an "approved" or "backed by the gov" type of coin as a competitor. But even then, the people buying bitcoins wouldn't trust a government cryptocurrency. Any thoughts on that?
Also, I found this interesting link regarding the total value of bitcoin, compared to other types of investments, stocks, US dollars, etc.
http://www.marketwatch.com/story/how...ive-2017-06-21
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
The price has been skyrocketing in recent years. Now is the time to invest in bitcoin, it's going to be worth it in the long run