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Authoritarian Cryptocurrencies Are Coming
Bloomberg ^ | 17 Oct, 2017 | Leonid Bershidsky

Posted on 10/18/2017 7:24:49 AM PDT by MtnClimber

Link only...Bloomberg


TOPICS: Business/Economy; Society
KEYWORDS: bitcoin; cryptocurrencies; cryptocurrency

1 posted on 10/18/2017 7:24:49 AM PDT by MtnClimber
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To: MtnClimber

Seems Russia and China are looking at “closed” systems as a way of controlling the economies and people’s transactions.


2 posted on 10/18/2017 7:25:54 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

I’m impressed that Nanny Bloomturd’s organization calls it “authoritarian”, rather than something that might sound positive, at least to sheeple, like “government secured” or something.


3 posted on 10/18/2017 7:29:25 AM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: MtnClimber

That’s the Plan.


4 posted on 10/18/2017 7:29:43 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: MtnClimber

Yeah well as a testimony to the new economy and the new tech world I bought a Dodge Challenger, redid the exhaust so it would be louder and faster, so at least the New World Order will have to chase me down for me to use their crap. And the only thing Smart in the car is me. Although that’s debatable. :)


5 posted on 10/18/2017 7:30:52 AM PDT by dp0622 (The Left should know that if Trump isouokt of office, it is WAR!)
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To: dp0622
>>the New World Order will have to chase me down for me to use their crap

Won't be a very long chase after they disable the accounts linked to the chip on the payferdat card and the Challenger runs out of petrobits.

My SUV gets about a hundred miles or so per can of beer / bowl of rice and beans.

Zombieland Rule #1: Cardio.

6 posted on 10/18/2017 7:40:51 AM PDT by HLPhat ("TO SECURE THESE RIGHTS" -- Government with any other purpose is not American.)
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To: HLPhat

I’ll keep a weapon in the car and I’ll go out with a bang if it comes to that :-)


7 posted on 10/18/2017 7:42:57 AM PDT by dp0622 (The Left should know that if Trump isouokt of office, it is WAR!)
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To: MtnClimber
>>Seems Russia and China are looking at “closed” systems as a way of controlling the economies and people’s transactions.

With a little help from the Marxist/Jesuit-indoctrinated M.B.A.s running the centrally-banked collecti-farm...

Chase that Cube, Marxitards!

8 posted on 10/18/2017 7:44:37 AM PDT by HLPhat ("TO SECURE THESE RIGHTS" -- Government with any other purpose is not American.)
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To: MtnClimber

Script. Literally.


9 posted on 10/18/2017 7:55:09 AM PDT by bk1000 (I stand with Trump.)
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To: dp0622

>>I’ll go out with a bang if it comes to that :-)

Not sure if that beats being froze to a tree or not.

https://www.youtube.com/watch?v=_lsZE8MpQZI


10 posted on 10/18/2017 8:00:40 AM PDT by HLPhat ("TO SECURE THESE RIGHTS" -- Government with any other purpose is not American.)
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To: dp0622

Meh. I’ll take my chances with the tree.

Watch yer top knott!


11 posted on 10/18/2017 8:13:25 AM PDT by HLPhat ("TO SECURE THESE RIGHTS" -- Government with any other purpose is not American.)
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To: MtnClimber

Wondering why the gov hasn’t seized Bitcoin by the neck and strangled it to death. Because they will. They will wait until Bitcoin gets real big. Then they start the regulation. Little at first. Then, in a short time, overwhelming government control amounting to government takeover. They will let someone else manage Bitcoin and take the responsibility, but they will get access to all transactions. Then in a few more years, they declare cash illegal.

Except for the ruling elite - they will have a way out of all this.


12 posted on 10/18/2017 8:17:19 AM PDT by I want the USA back (Lying Media: completely irresponsible. Complicit in the destruction of this country.)
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To: MtnClimber
They'll never be able to stop barter or alternative currencies.


13 posted on 10/18/2017 10:16:49 AM PDT by Boogieman
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