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Topic: Staff from PBC suggests taking control of bitcoin network. - page 7. (Read 11529 times)

legendary
Activity: 1904
Merit: 1002
Courtesy of Google translate:

Quote
Six recommendations
1 Governments and central banks should face the existence of bit money, take the initiative, the use of the country's massive computing power, suppression of private mining power, the vast majority of money concentrated in the hands of the state bits.
(2) of setting up a bit coin banks, currency trading in the implementation of the middle bit body to eliminate the anonymity that it can be regulated.
3 bits of currency-based international joint issue credit currency, thus contributing to the establishment of non-sovereign monetary system. With this new international settlement currency to challenge the U.S. hegemony, the international financial system more harmonious and stable.
hero member
Activity: 714
Merit: 500
What was the context of the statement? Is that their official website?

It's a paper from <> magzine,
the author is working for PBC,  low-level class officer.



http://www.cnki.com.cn/Article/CJFDTotal-XYKZ201110018.htm

hero member
Activity: 602
Merit: 502
What was the context of the statement? Is that their official website?
newbie
Activity: 28
Merit: 0
http://www.feedzebirds.com/8zksj

Alright, I am out of Bitcoins but if somebody is willing to get a mass FeedZeBirds campaign going for this with a donation, you will have my reverence.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Oh wow... but which one do they want to do, a 51% attack or just mine a large amount of bitcoins?

I think he suggests mining.  Wink

If this happens, difficulty will be in the tens of millions soon :O
staff
Activity: 4270
Merit: 1209
I support freedom of choice
Retweet if you know what's good for you:

Tweet
I just did it Grin
hero member
Activity: 714
Merit: 500
Oh wow... but which one do they want to do, a 51% attack or just mine a large amount of bitcoins?

I think he suggests mining.  Wink
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Oh wow... but which one do they want to do, a 51% attack or just mine a large amount of bitcoins?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
China should hire The Manipulator to buy up as much Bitcoin as they can using bots that won't raise any alarms.
newbie
Activity: 28
Merit: 0
Retweet if you know what's good for you:

Tweet
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
I'd like to see them try. They'd need a lot of computers to do that.


If China wanted to, they could easily outhash everything working on bitcoin.  You really want to see them try?

YES! Then Bitcoin will be taken seriously. It wouldn't be long before there is a Bitcoin Cold War.
It'd make the network stronger Wink
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I'd like to see them try. They'd need a lot of computers to do that.


If China wanted to, they could easily outhash everything working on bitcoin.  You really want to see them try?

YES! Then Bitcoin will be taken seriously. It wouldn't be long before there is a Bitcoin Cold War.
newbie
Activity: 28
Merit: 0
Parasites, the whole lot of them.

I dare you all of you to try! You can have the Bitcoin network and just as quickly we will start another!
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
I'd like to see them try. They'd need a lot of computers to do that.


If China wanted to, they could easily outhash everything working on bitcoin.  You really want to see them try?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
That would be so cool if true.
hero member
Activity: 588
Merit: 500
Coinabul - Gold Unbarred
I'd like to see them try. They'd need a lot of computers to do that.
hero member
Activity: 714
Merit: 500
http://bitebi.cc/?p=1112

PBC = the People's Bank of China = Chinese Central Bank

1.政府和中央银行应正视比特币的存在,主动出击,动用国家巨大的计算能力,抑制私人挖掘的动力,将绝大多数比特币集中在国家手中。

1.Government and central bank should face up to the existence of Bitcoin,
take control of most bitcoins by using the computing power of supercomputers all over the country.

 Shocked Shocked Shocked
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