Good stuffs that came out of bitcoin

grondilu

legendary

Activity: 1288

Merit: 1076

Quote from: hazek on April 28, 2011, 02:48:34 PM

BitCoins is a technology that will eventually threaten their power and ultimately relevance. Do you really believe they're interested in learning what good it can do for the people?! The only reason I can think of why the CIA wants to learn more about it so that they can better figure out how to control it. That's all they're interested in. Control.

Who knows? Maybe even those guys of the CIA could be overwhelmed by the possibilities of bitcoin, and they could start to think the world in a different way.

Inside a CIA agent, there is a human being with a beating heart and a brain still capable of dreaming.

Ok that was my peace and love moment. Won't happen again.

kiba

legendary

Activity: 980

Merit: 1014

The government is in a never ending quest for power! Alway for power! Never for freedom! Never for humanity! Never for good! Never for evil!

Seriously, you guys are paranoid.

hazek

legendary

Activity: 1078

Merit: 1002

Sorry but this thread is just pure fail.

Governments primary source of control and power comes from their monopoly on money. If they didn't have that, no one would care what they do and they'd simply get ignored.

"Give me control of a nation's money and I care not who makes her laws." -Mayer Amschel Rothschild

BitCoins is a technology that will eventually threaten their power and ultimately relevance. Do you really believe they're interested in learning what good it can do for the people?! The only reason I can think of why the CIA wants to learn more about it so that they can better figure out how to control it. That's all they're interested in. Control.

I just hope Gavin knows what he's doing.

grondilu

legendary

Activity: 1288

Merit: 1076

Quote from: goatpig on April 28, 2011, 08:37:19 AM

deflation, anyone?

Way too many people won't agree with this being a good thing.

goatpig

legendary

Activity: 3640

Merit: 1345

Armory Developer

deflation, anyone?

ploum

sr. member

Activity: 428

Merit: 253

* secure online payment without relying on a privately owned company
* Allows micro-payment and thus open the door to a lot of new business models
* cheap online payment.

Mahkul

sr. member

Activity: 434

Merit: 250

Every saint has a past. Every sinner has a future.

Obviously a huge advantage is that Bitcoins aren't physical - no need to transport dollar (or whatever else) bills from one place to another.

grondilu

legendary

Activity: 1288

Merit: 1076

In order to help Gavin before his presentation in front of CIA, I would like to open a thread about what good can come out with a free, decentralised monetary system.

Let's try to forget about controversial commercial activities for one second, and focus of good economic stuffs.

My two cents:

* easier access to credit for everyone, including micro credit ;

* easy set up of a commercial activity even for poor people ;

* more possibilities for raising capital in businesses ;

* fair international monetary system between nations ;

Ok, your turn.

Topic: Good stuffs that came out of bitcoin (Read 1470 times)