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Topic: 2013-04-17 Why Libertarians and gold hoarders love Bitcoins (Read 761 times)

sr. member
Activity: 420
Merit: 252
https://ubikiri.com/
The average paperbug is a 72 year old democratblican.
member
Activity: 88
Merit: 10
Quote
And we will have lost one of [sic] greatest advances of the modern age: power over our own currenciies.

I was under the impression that we (the people) don't have control over our currencies, the bankers do, primarily through the Federal Reserve bank and their supporters in government.

If anything, Bitcoin will restore the people's control over the currency and put everybody, including the bankers and governments, on a level playing field. And that is what bankers and goverments hate about Bitcoin: they don't get a massive advantage over the rest of us.
legendary
Activity: 1288
Merit: 1080
A 32-year-old libertarian male to be precise.

I'm impressed.  That's exactly the age I had when I learned about bitcoin.
legendary
Activity: 1498
Merit: 1000
http://pandodaily.com/2013/04/17/why-libertarians-and-gold-hoarders-love-bitcoins/

Quote
What kind of people use Bitcoins, the digital currency designed by cryptographers to be untraceable? Web entrepreneurs? Open-source evangelists? Anti-corporate hackers? Well, it turns out, perhaps unsurprisingly, that the average Bitcoin user is a libertarian. A 32-year-old libertarian male to be precise.
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