Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: amorphous
There are ways to stop this, and sooner are later, someone or some thing is going to implement the means to do so.

We'll have to disagree. If Bitcoin were allowed to be a recognized official currency then it would remove the fact that US dollars are backed by treasury securities (claims on the future labor of others).

This would then remove the power component of those seeking to control that future labor - and that is what power is all about.

Those in power won't let it happen.

58 posted on 01/15/2019 10:10:45 AM PST by politicket (Don't remove a Bernie Sanders bumper sticker. It's the only thing holding the car together!)
[ Post Reply | Private Reply | To 57 | View Replies ]


To: politicket
Those in power won't let it happen.

Like every advance in the progress of man, they'll try, but won't be able to stop it, short of returning us to the jungle through nuclear Armageddon - which I don't rule out.

The internet and distributed ledgers, able to run on it, will replace our current concept of money, which itself is only a method of accounting for services rendered/goods exchanged/etc.

Concepts of money, government, taxation, employment are all about to undergo extreme makeovers - literally biblical in nature.

62 posted on 01/15/2019 1:53:18 PM PST by amorphous
[ Post Reply | Private Reply | To 58 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson