Author

Topic: Evolution of bitcoin (Read 628 times)

full member
Activity: 238
Merit: 100
January 04, 2013, 05:12:50 PM
#2
Countries/Governments "Adopting" Bitcoin like currencies are a bad idea, because the point of these  currencies if I am not mistaken, is freedom from manipulation like other fiat currencies(except maybe pump and dumps?).


I am against government consolidation of ecurrencies through fiat currency monopoly, they can just print money and buy them all.
legendary
Activity: 1018
Merit: 1000
January 04, 2013, 08:37:51 AM
#1
Bitcoin or whatever they will call the next ecurrency based on bitcoin technology, being a finite resource will become a reserve currency and countries that follow the p2p model will weigh their fiat against the amount of reserve "bitcoins" they own.

At least that is a dream I have.

http://www.rugatu.com/questions/5724/how-would-countries-adopt-bitcoin-like-currency

Decided the question was worth rugatu
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