Author

Topic: Keiser Report Quote (Read 684 times)

sr. member
Activity: 280
Merit: 257
bluemeanie
May 14, 2014, 10:51:21 PM
#3
great post thanks.   Smiley  -bm
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
May 14, 2014, 01:45:35 PM
#2
funny indeed (and true)  Wink
newbie
Activity: 44
Merit: 0
May 14, 2014, 01:18:56 PM
#1
I just thought this quote worth mentioning:

Quote
US Dollar

- US government has 100% monopoly on mining
- Mining algorithm: 8 white guys
- Block reward: exponentially increasing ad infinitum
- Double spending: Institutionalized by the banks
- security: proof of violence
- transaction confirmation: slower than snail mail

From: http://youtu.be/MoUj8Q-BgjA?t=3m52s

Cheers,
AMVM
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