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Topic: The Age of Cryptocurrency is Upon Us - page 2. (Read 3147 times)

legendary
Activity: 1764
Merit: 1002
March 19, 2013, 02:04:02 PM
#3
Nice job.  Cheesy
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
March 19, 2013, 02:03:25 PM
#2
So you're slightly bullish on bitcoin then? Grin

+bitcointip BTCINVESTOR BTC0,005
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
March 19, 2013, 02:00:26 PM
#1
As we have seen the United States fiat currency system drastically devalued over the past several decades, and as the Euro sits in perilous balance, the age of "The People's Currency" is upon us. Cryptocurrency represents the single greatest financial innovation of our lifetimes. Imagine what it would have been like, watching front-row just as we are now, when rudimentary forms of currency were first utilized in the ancient civilizations, greatly enhancing and fostering early forms of commerce! I submit that truly decentralized currency is an even greater revolution than any seen before.

The world has dramatically changed in response to seismic forces of exchange and commerce only a few times in recorded history. For over two thousand years, government-controlled exchange systems have ruled mercilessly over the people of the world. Centuries of blood shed, rooted in financial power jostling, have undermined peace and growth as centrally consumed resources became abused. The gold standard constantly manipulated, largely to the advantage of just a few major entities. Value theft, through inflationary spending, constantly undermining the productivity and laminar creation of wealth and goods.

We will look back on this time as the beginning of a new era in commerce, but more importantly power structure. Bitcoins are going to change things forever. We must be diligent in protecting this great system of fairness which has been so carefully crafted for our benefit. We must continue to innovate the platform to the advantage of all people, not just those that own this great pseudo-commodity, but future generations waiting to inherit the momentum it could bring and greater stability of world market forces. As it propagates, common asset values will be far too difficult to erode via centralized powers. Vast currency exchange cost and it's natural crippling effect on international trade will begin to vanish. Borders will open economically and arguably philosophically. Citizens of less fortunate nations will find level playing ground, some for the first time in recorded history.

Soak it in and enjoy the momentum, because this is just the beginning! Few people on this earth have any idea what is about to awaken them, and Bitcoin has gone viral if you haven't already noticed. We now live in the age of constructive e-viral revolution, where nations can be taken down by social networks and long held kingdoms of wealth and influence are powerless to stop this astonishing trend.  We are witnessing a great crumbling of "brick-and-mortar" in the face of what are simply beautiful ideas taking root, one person at a time. The lords and barons of the old guard will be forced to yield control to the populace, as it always should have been.

Rake them in while you can miners. Someday it will be said how easily the Bitcoins flowed in the beginning. This cryptocurrency gold rush is in it's prime and the day will come where owning even fractions of a Bitcoin will feed a man for a year. There will come a day when, of the billions of souls on the planet, every single mind possessed with thought will crave to have one, but with only 21 million to go around.

Everyone will want to partake of that sense of liberation you and I have already felt when we first obtained our own. It's contagious, and we are watching it live, spreading among our various acquaintances, and we will continue to watch it as it fills society with increasing satisfaction, that they no longer must render to Caesar.

Let those who clearly see this true potential before us, continually guard it and nurture it forward. My fulminant thanks to Satoshi and our well qualified crew of core developers for bringing us into the advanced age of cryptocurrencies. Truly inspiring.

Long live the People's Currency.


(First posted March 19, 2013)
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