Informative kink Chris - some of my old colleagues have already tracked some Bitcoin transactions though. Sbadows elsewhere in banking are bigger than the real thing but I don't see this one lasting as there are means to make prosecutions easy. The big snag is the use of the mails.
On Oct 13, 10:56 pm, Chris Jenkins <[email protected]> wrote: > Neil, google up "Silk Road". > > > > > > > > On Wed, Oct 12, 2011 at 8:13 PM, archytas <[email protected]> wrote: > > I haven't looked into the shadow internet much - as the software to > > start digging into it is public domain I'm not sure how drugs, > > prostitution and the rest can be peddled through it - all sorts of > > algorithms can trace what seem secure transactions. Banking seems to > > have failed entirely to me - if it's about allocating capital to > > productive projects. Greece would have gone communist after WW2 and > > probably Italy and it would have been interesting to see some non- > > Soviet form develop even if it's a flawed ideology. I bank with a co- > > op with an ethical policy. > > > On Oct 12, 3:50 pm, Allan H <[email protected]> wrote: > > > Will have to look into it... > > > Allan > > > > On Wed, Oct 12, 2011 at 3:34 AM, archytas <[email protected]> wrote: > > > > LETS (local economic transfer systems) and time banks have been around > > > > a long time. Bitcoin is beginning to rule on the shadow internet (you > > > > download special surfing software). > > > > > On Oct 9, 5:55 pm, Allan H <[email protected]> wrote: > > > > > that is very true, but barter economies already do exist and you can > > > > work > > > > > within a currency or other > > > > > Allan > > > > > > On Sunday, October 9, 2011, ornamentalmind < > > [email protected]> > > > > > wrote: > > > > > > > “You have much more than your bank account says. You have your mind > > > > > > and your hands.” > > > > > > > You won’t likely see it headlining The Drudge Report, making its > > > > > > rounds in talk radio, or featured for discussion on cable news > > panels, > > > > > > but the October 1st New York Times story covering the emergence of > > a > > > > > > barter, trade, and alternative currency economy in Greece is one of > > > > > > the most important stories of our day. > > > > > > > The Silver Circle Movie is a story about a band of rebels who vow > > to > > > > > > take back their freedom amid the economic and political ruins of a > > > > > > catastrophic monetary collapse, but our fictional movie’s > > predictions > > > > > > for America’s not-so-distant future are the real world economic > > > > > > realities in Greece right now, and the New York Times piece tells > > the > > > > > > story of real-life rebels taking their future, their prosperity, > > and > > > > > > their economic freedom back into their own hands, bucking the > > > > > > Eurozone’s fiat monetary system in favor of providing real value in > > > > > > exchange for real value: > > > > > > > “The first time he bought eggs, milk and jam at an outdoor market > > > > > > using not euros but an informal barter currency, Theodoros > > Mavridis, > > > > > > an unemployed electrician, was thrilled. > > > > > > > ‘I felt liberated, I felt free for the first time,” Mr. Mavridis > > said > > > > > > in a recent interview at a cafe in this port city in central > > Greece. > > > > > > “I instinctively reached into my pocket, but there was no need to.’ > > > > > > > Mr. Mavridis is a co-founder of a growing network here in Volos > > that > > > > > > uses a so-called Local Alternative Unit, or TEM in Greek, to > > exchange > > > > > > goods and services — language classes, baby-sitting, computer > > support, > > > > > > home-cooked meals — and to receive discounts at some local > > > > > > businesses.”... > > > > > > > for the rest of the article...(only a few paragraphs more), go to: > > >http://silverunderground.com/2011/10/truly-revolutionary-greek-city-s... > > > > > > > for the original New York Times article of 10/1/11, to go: > > >http://www.nytimes.com/2011/10/02/world/europe/in-greece-barter-netwo... > > > > > > -- > > > > > ( > > > > > ) > > > > > |_D Allan > > > > > > Life is for moral, ethical and truthful living. > > > > -- > > > ( > > > ) > > > |_D Allan > > > > Life is for moral, ethical and truthful living.
