Quote Originally Posted by Blink View Post
Then it would safe to say we disagree. For what its worth, you have too many absolutes in your explanation. The government isn't that smart, limited intelligence, your also assuming who invented it (I thought the guy is still unknown, could be wrong), they don't know what it is, they don't know how to shut it down, to name a few. You assume a lot about Bitcoin and government/bankers ability to shut it down or affect it. And of course anti-government, anti-NWO types are driving it, thats who its being sold to in this atmosphere of financial instability. And I'll say it again, its being flaunted in government's face and nothing is being done. Not even a speech (in case they can't shut it down like you say) discouraging people that circumventing taxes and legal tender laws could be hazardous to their health. Naw, smells fishy to me, but, to each its own............
To me, that's like saying the MPAA/RIAA invented Bit-Torrent.

Bit-Torrent almost wiped out the entire recording and movie industries, and forced them to radically reform and become less powerful/influential in the world. We know Bit-Torrent was invented by Bram Cohen, but it's no longer in his control. He made his system open sourced and now it's part of the community, and developed in a decentralized fashion by the community. Bram Cohen has a lot to do with the creation of Bitcoin since Bit-Torrent was one of the things that inspired it.

The banking system wont be entirely destroyed, but it will be forced to be more honest and run better. It will also have less power since it will have more competition. This is how Bit-Torrent changed the Entertainment industry, and this is how Bitcoin and other cryptocurrencies will change the Financial industry. That's the entire point. That is the goal.


I don't assume these things since I'm a programmer and have dealt with virtual currencies like this FOR A LIVING since 2006. I make my entire income on virtual currencies. My entire life is virtual. I have a long history of doing this stuff.