Author

Topic: We want to stop asking for bitcoin to be a p2p money and start asking for... (Read 468 times)

sr. member
Activity: 532
Merit: 251
bitcoin cannot be ideal money, this is for certain, it cannot.  bitcoin can be fostered so that it brings about ideal money.  shaping bitcoin as a p2p currency destroys this dream.  shaping it as a settlement system will bring us ideal money.  the people have this backwards.
legendary
Activity: 2604
Merit: 1036
Yeah the banks are obviously afraid of the technological advances of Bitcoin both in terms of security and better infrastructure of relaying transactions around the world for less fees and the banks started to invest and develop their own Blockchains so that they won't fall behind feature-wise when Bitcoin becomes mainstream. I don't know if Bitcoin is 'the ideal money' at the moment because there are still some rough edges that need to be smoothed out but Bitcoin is the closest thing to perfect money we have right now. So yeah Bitcoin is going to be an important part of our future finances and every one else like the banks will need to catch up with that  Wink
legendary
Activity: 3080
Merit: 1500
Well the ideal money depends on where u stay and what is your need!

If you are looking for a loan then, fiat would be a better choice because, you can spend the loan directly from your bank account or use cash for purchase.

But, when it comes to a long term investment with limited risk, bitcoin  can be a better alternative. But again if your country make the bitcoin illegal, then u have to re-plan everything.
hero member
Activity: 602
Merit: 500
""Ideal Money" however that might be brought about"...

This is what your governments/central banks are afraid that you demand. This is our higher order solution both sides can agree on. You ask all the Gavin's and Andreas' what Ideal Money is and how it can come about. Watch all conversations change. Watch order as it arises. Watch as these players admit they have been blindly leading a charge they do not understand...

What is Ideal Money, how can it be brought about? Who KNOWS these things?

yes that's correct,this is matter for goverment or central banks,they afraid people will assume that bitcoin is ideal money for us,in the other side bitcoin was not good at all as ideal money.
sr. member
Activity: 532
Merit: 251
""Ideal Money" however that might be brought about"...

This is what your governments/central banks are afraid that you demand. This is our higher order solution both sides can agree on. You ask all the Gavin's and Andreas' what Ideal Money is and how it can come about. Watch all conversations change. Watch order as it arises. Watch as these players admit they have been blindly leading a charge they do not understand...

What is Ideal Money, how can it be brought about? Who KNOWS these things?
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