Author

Topic: [2014-11-06] Video: The Hidden Dangers of Bitcoin (Read 1408 times)

legendary
Activity: 1596
Merit: 1000
November 06, 2014, 09:20:08 PM
#5
It has been talked many times about the topics in the video, such as deflation issue, low cost for transaction, deflation, the needed role of central bank etc.
newbie
Activity: 2
Merit: 0
of course there's hidden dangers of bitcoin but its not depended on, its a not a property owned by anyone it would be perfect to use to fix economies thats just my opinion
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
yeah but there is a deeper problem.
That's the limited recources on the planet.
You can basicly describe it in this 10 second clip.
http://www.youtube.com/watch?v=Sqwd_u6HkMo
that's the real problem , endless growth can not maintain on a finite planet.
so they need a system that does not need inflation to thrive.
and bitcoin could be the only solution accepted by al 195 countries
bacause it is decentralized and not owned by anyone.
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
Molyneux at his best.

WARNING: It will make you think. Perhaps you do that already - perhaps not - all sorts of people visit this forum.       Wink

"It really disturbs the villagers when a body falls from the sky".

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
The Hidden Dangers of Bitcoin

Bitcoin is a revolutionary decentralized architecture which can be used for an untold number of incredibly valuable services – including the transfer of financial value. As Bitcoin adoption continues to expand, significant interests are threatened and early users could face an incredibly dangerous backlash.

http://www.youtube.com/watch?v=tXBwcedQuQ0
Jump to: