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To: Errant

Who has control over the net?

The groups with the best hackers.

Who has the best hackers?

The world governments.

Who loses from the existence of e-money?

The world governments.

Who already produced an unknown amount of e-money?

The world governments.

Wow....


9 posted on 02/14/2014 9:53:13 AM PST by Therapsid
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To: Therapsid; FatherofFive
Reports of the death of Bitcoin are greatly exaggerated...

The beginnings of all new epochs have their periods of tribulation.

This is one small event in the evolution of crytocurrency. Already solutions are being thought of: The Evolution of the Bitcoin Clearing House

Name one fiat currency since mankind began printing money out of 'thin air', that has survived. That doesn't seem to stop us from implementing more. Perhaps that is because it's The Biggest Scam In The History Of Mankind . As Einstein stated so well, "Insanity is doing the same thing over and over and expecting a different result."

Time marches on and new technology and ways of doing things more efficiently, along with it, same as in nature. The dinosaur became extinct from lack of technology and a because it had a small brain. Humans on the other hand have developed technology to the point where we could possibly preventing a reoccurrence of that which befell the dinosaur.

I'm just not too sure how far we've come when it comes to brains however.

11 posted on 02/14/2014 10:39:09 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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