All Threads by Date

BitCoin- is anyone here using them?

Has anyone here used BitCoins, or familiar with the system? It's a secure digital currency that allows people to anonymously pay for goods and services. The "killer app" feature is that it cannot be counterfeited, and the number of BitCoins is limited by the code. Since it makes it easy to do business without using Dollars or Yen or Euro (and therefore outside the control of the central banks) it is becoming a nuisance, and the government is trying to shut it down. ______ An increasing number of people have complained about governments and central banks in recent years, even using the word "tyranny" to describe them. They are, of course, called names in the establishment press: conspiracy theorists, mainly. Calling someone a name, however, does not erase their argument (at least not among rational people) and both the governments and the big banks stand accused. Up till now, however, these accusations were never accepted by the general public. The average guy really didn't want to hear about the evils of government money. After all, that was the only thing he had ever used to buy food, clothes, gasoline, cars, and so on. He didn't want to acknowledge the accusations because he feared what might happen to him without his usual money. Now, however, we have a brand new currency (called Bitcoin) available to us: something radically different. This gives us a new way to directly address the subject of monetary tyranny, providing a clear test for the governments and money masters of the world: If they are truly NOT tyrannical, they will leave this new currency alone. If they ARE tyrannical, they will attack the new currency because it eats into their scam. In other words, Bitcoin is a test for "the powers that be." The way they deal with this new method of exchange will reveal their true nature. If they ignore Bitcoin, they refute the charges of tyranny. If they attack it, they verify those charges. After all, what honest reason could there be to attack an inherently peaceful tool for transferring value?


Thread Watcher
[Help]
log
Click here if you are using an iPhone or iPad

DataLounge get your fix of gay gossip, news and pointless bitchery.

Settings

Talking to DataLounge servers.
Please wait a moment...