Pages:
Author

Topic: 2013-11-27 NYTIMES: A Prediction: Bitcoin Is Doomed to Fail - page 2. (Read 2440 times)

sr. member
Activity: 462
Merit: 250
Quote
monetary relations are too closely interwoven with other economic, political and social relations to be managed well by any institution with less sway than a government

Quote
if bitcoin ever really started to take off, governments would either ban it or take over the system

Every day I believe more and more strongly that it takes very little effort to be a journalist.

Highschool diploma is over-qualified i would say.

Also..... since when bitcoin is considered "private" lol

If anything its PUBLIC.... Not issued by state doesnt make it private. I doubt the author got his HS diploma.
sr. member
Activity: 462
Merit: 250
Wow.  Did he even provide any evidence to anything or just likes to rant random things out of nowhere.

Pure straight out of his ass.


legendary
Activity: 1806
Merit: 1521
Wow.  Did he even provide any evidence to anything or just likes to rant random things out of nowhere.
legendary
Activity: 1078
Merit: 1003
Quote
monetary relations are too closely interwoven with other economic, political and social relations to be managed well by any institution with less sway than a government

Quote
if bitcoin ever really started to take off, governments would either ban it or take over the system

Every day I believe more and more strongly that it takes very little effort to be a journalist.
hero member
Activity: 728
Merit: 500
In cryptography we trust
He's just forgot to add "Trust Me" in conclusion Smiley

lol, "private" money is bad, m'kay
legendary
Activity: 947
Merit: 1042
Hamster ate my bitcoin
Quote
monetary relations are too closely interwoven with other economic, political and social relations to be managed well by any institution with less sway than a government

Quote
if bitcoin ever really started to take off, governments would either ban it or take over the system
donator
Activity: 784
Merit: 1000
http://dealbook.nytimes.com/2013/11/27/a-prediction-bitcoin-is-doomed-to-fail/


Quote
The developers of bitcoin are trying to show that money can be successfully privatized. They will fail, because money that is not issued by governments is always doomed to failure. Money is inevitably a tool of the state.

He's just forgot to add "Trust Me" in conclusion Smiley
Pages:
Jump to: