Author

Topic: Good article by Mr Falkvinge again..... (Read 1224 times)

newbie
Activity: 28
Merit: 0
April 06, 2013, 04:45:45 PM
#7

PPI !!


the pirates ROCK!  Kiss Kiss Kiss
member
Activity: 183
Merit: 10
April 06, 2013, 03:20:08 PM
#6
Bright future ahead!
hero member
Activity: 924
Merit: 1000
Watch out for the "Neg-Rep-Dogie-Police".....
April 06, 2013, 07:44:30 AM
#5
Quote
What bitcoin does is cut the banks out of the loop, and by extension, the government’s ability to operate.

Those wars you have seen on TV? They are all fueled by this mechanism – the ability for banks to keep people happy in letting them spend imaginary money, while simultaneously giving the nation-state the ability to control as much of the money flow as it likes (and siphon as much as it likes off for itself).

Bang-on, Mr. Falkvinge. This is why I'm a Bitcoiner.  Grin

+1
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
April 06, 2013, 12:10:08 AM
#4
Quote
What bitcoin does is cut the banks out of the loop, and by extension, the government’s ability to operate.

Those wars you have seen on TV? They are all fueled by this mechanism – the ability for banks to keep people happy in letting them spend imaginary money, while simultaneously giving the nation-state the ability to control as much of the money flow as it likes (and siphon as much as it likes off for itself).

Bang-on, Mr. Falkvinge. This is why I'm a Bitcoiner.  Grin
full member
Activity: 238
Merit: 100
April 05, 2013, 09:48:14 PM
#3
I like the part where he calls out the journalists that did not do their research, and it shows:

Quote
In this regard, people at Business Insider who compare the bitcoin trade and its current price spike with the bubble around Beanie Babies in the early century come across as dangerously shortsighted and ignorant. Bitcoin is not a plush toy, it is not a commodity. It is an economic agreement, and as such, has value like any other contract that improves your business. This particular contract improves every business except banks.
hero member
Activity: 503
Merit: 501
April 05, 2013, 09:19:52 PM
#2
Ok, settle back relax... what ever you do to calm. 4  3  2  1

...imagine

think what happens when government realizes that the lobby of bitcoin is worth more with less risk than banksters along with their shackles and what's a smart politician going to to? They will be campaigning for the top fork that's what. Think again, not a bad thing.
hero member
Activity: 924
Merit: 1000
Watch out for the "Neg-Rep-Dogie-Police".....
April 05, 2013, 06:46:45 PM
#1
Love this guy, one of the worlds top 100 "thinkers" - have a gander:

http://falkvinge.net/2013/04/03/why-bitcoin-is-poised-to-change-society-much-more-than-the-internet-did/
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