The Bitcoin Cold War has begun - page 3.

Giulio Prisco

full member

Activity: 173

Merit: 101

Quote from: cbeast on August 03, 2014, 08:30:16 PM

My point is: while everyone else seems to be focusing on how to get Wall Street billionaires to pump their Bitcoin wallets, I'll be focusing on getting the poorest to start saving in Bitcoin. It's like how the peasants fought back against the Samurai. Bitcoin is the ninja economy.

insert graphic of ninja with bitcoins

Exactly. Bitcoin could be a powerful social equalizer and give to the poor the same financial freedom that the rich always enjoyed. See http://ieet.org/index.php/IEET/more/prisco20140527

jubalix

legendary

Activity: 2618

Merit: 1022

Quote from: Razick on August 03, 2014, 05:06:54 PM

Quote from: Meuh6879 on August 03, 2014, 01:08:51 PM

be patient ... all banks will fail.
in Europe, it already in the way (greek, espagna, portugal, bulgaria, cyprus ... next is the italia).

in USA, you have many cities (aka. states) that it haves crash even with 80 years tresor bond ... Roll Eyes

Banks will not fail. Change? Maybe. Fail? No. Banks provide a vital service, you can hate the way they provide that service, but you can't deny that the service is vital and beneficial. They won't be going away any time soon.

around 50% of a banks service/function is made redundant by BTC tech.

Nubitcoinerr

sr. member

Activity: 332

Merit: 254

Nevermind, I see because China banned it and then unbanned it, etc.

Nubitcoinerr

sr. member

Activity: 332

Merit: 254

Why do you use the word "cold"?

cbeast

donator

Activity: 1736

Merit: 1006

Let's talk governance, lipstick, and pigs.

Quote from: Peter R on August 03, 2014, 11:14:01 PM

Interesting post, cbeast. I enjoyed reading it.

Thanks. You're one of the few that does read my posts.

laurapalmer

newbie

Activity: 11

Merit: 0

You can't stop math.

Peter R

legendary

Activity: 1162

Merit: 1007

Interesting post, cbeast. I enjoyed reading it.

jbreher

legendary

Activity: 3024

Merit: 1640

lose: unfind ... loose: untight

Quote from: franky1 on August 03, 2014, 04:56:58 PM

during the alcohol prohibition.. moonshine industry had a bigger profile and was making more money than coca-cola

While that may be true, the pervasiveness of carbonated, sugared, poison water is a relatively recent phenomenon.

p2pbucks

hero member

Activity: 642

Merit: 500

Evolution is the only way to survive

In the not far future , there will be no wars between countries .
The only war is between fiat corrupt gov and bitcoin believers

cbeast

donator

Activity: 1736

Merit: 1006

Let's talk governance, lipstick, and pigs.

My point is: while everyone else seems to be focusing on how to get Wall Street billionaires to pump their Bitcoin wallets, I'll be focusing on getting the poorest to start saving in Bitcoin. It's like how the peasants fought back against the Samurai. Bitcoin is the ninja economy.

insert graphic of ninja with bitcoins

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

BTCillionairs?

Ringumbau

newbie

Activity: 42

Merit: 0

Quote from: TwinWinNerD on August 03, 2014, 06:06:08 PM

In the coldwar there were no winners.

In this war, there will be a winner, just not sure yet who it will be.

I will tell you a clue: It beggins with a BTC

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

In the coldwar there were no winners.

In this war, there will be a winner, just not sure yet who it will be.

Yakamoto

legendary

Activity: 1218

Merit: 1007

There was a picture similar to this that I'm trying to find, but I can't seem to find it.

Banks will always try to be there, but it will get progressively more difficult to exist alongside decentralization. And bitcoin "banks" will start springing up, created by every day people, that will possibly have a better trust rating as opposed to bigger banks.

Bitcoin is set to succeed, it's almost no contest. We will flourish, they will collapse under their weight.

Razick

legendary

Activity: 1330

Merit: 1003

Quote from: Meuh6879 on August 03, 2014, 01:08:51 PM

be patient ... all banks will fail.
in Europe, it already in the way (greek, espagna, portugal, bulgaria, cyprus ... next is the italia).

in USA, you have many cities (aka. states) that it haves crash even with 80 years tresor bond ... Roll Eyes

Banks will not fail. Change? Maybe. Fail? No. Banks provide a vital service, you can hate the way they provide that service, but you can't deny that the service is vital and beneficial. They won't be going away any time soon.

franky1

legendary

Activity: 4214

Merit: 4458

during the alcohol prohibition.. moonshine industry had a bigger profile and was making more money than coca-cola

oceans

sr. member

Activity: 406

Merit: 250

There will always be a Country trying to ban bitcoin, they will never succeed though and will continue to throw their dummy out of the pram when they can not get their own way. I would not say that a cold war has begun just because a few Countries have or have tried to ban bitcoin, the war is still a long way off yet because bitcoin has a long way to go yet.

waldox

sr. member

Activity: 252

Merit: 250

you cant ban open source software and math ideas...
these bans are like a baby crying when they dont get their way, minor hiccups on the way to global adoption

Omikifuse

legendary

Activity: 1750

Merit: 1009

only country that really banned bitcoin is Ecuador. Not counting countries that have internet banned, like North Korea and Cuba, of course. Others only forbit its use as a coin, or make more dofficult to exchange them to fiat.

Bitcoin still a baby, the real war is still miles away, what we have now is barely a warm-up

Meuh6879

legendary

Activity: 1512

Merit: 1011

be patient ... all banks will fail.
in Europe, it already in the way (greek, espagna, portugal, bulgaria, cyprus ... next is the italia).

in USA, you have many cities (aka. states) that it haves crash even with 80 years tresor bond ... Roll Eyes

Topic: The Bitcoin Cold War has begun - page 3. (Read 3678 times)