@Terry Don't forget freicoin, my favourite. Anti banker by design. http://freico.in/
2014-02-26 13:28 GMT+01:00 Alain Sepeda <alain.sep...@gmail.com>: > many interesting points. > Bitcoin interesrt beside being anonymous like coins and bills. > Some people like libertarians and gold lovers loke bitcoins because they > think the quantity of physicical bitcons, like gold (but more predictably > than gold) cannot be fudged by central banks. > > In fact it is false, like for gold. > like there is tons of paper-gold, ther will be (or there is) ton sof > paper-bitcoind... > banks can invent bitcoins by makein loans (the basic of monetary > creation).. > > in some US prisons, since cigarettes get banned, the currency is > fishcans... > > using shells is no better than gold, bitcoins, or banknotes... as soon at > it is trusted, some actor may make loan, based on deposits, or sell > insurance contractes (derivated products)... > > best way is to understand what is finance, and prevent too-big-to-fail, > and people with no flesh in the game... > > > > 2014-02-26 7:58 GMT+01:00 Giovanni Santostasi <gsantost...@gmail.com>: > > It is not possible. Bitcoin network itself is not hackable as credit cards >> are. The vulnerabilities are in centralized places like exchanges that do >> not take precautions to protect customers accounts (as cold wallets). A >> network is very resistant to attacks like this. Look what is happening to >> Bitcoin, even a disastrous event like what happened with MtGox created some >> turmoil but not the end of Bitcoin. In fact price is bouncing back. >> Bitcoin is going to be the future of money. >> >> >> >> On Tue, Feb 25, 2014 at 6:46 PM, Jed Rothwell <jedrothw...@gmail.com>wrote: >> >>> Giovanni Santostasi <gsantost...@gmail.com> wrote: >>> >>> Bitcoin will be 1 Million dollars by 2019. >>>> >>> >>> Until a 16-year-old Russian Hacker gets into the bank, the way one got >>> into the Target credit files. A week after that, the Bitcoin will be worth >>> $14.38. >>> >>> - Jed >>> >>> >> >
