Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Errant
"So, it's not something that could be "slipped" in unannounced or without the agreement of millions of wallet holders, miners, and etc. In the interest of full disclose, I don't even know who the parties were who created this particular system in the first place or who even does know. ;)"

Oh it could be done ever so easily. See the bitcoin guys could go well since that first 21 million bitcoin printing operation is chugging along we are going to set up another one. Now this one will be separate algorithm but they are both called bitcoins and are exactly the same.

I mean there are no rules to say they can't do such, after all they have the same power as the FED does over creating dollars. There is no Government Agency regulating this currency.

40 posted on 12/05/2013 2:43:03 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
[ Post Reply | Private Reply | To 36 | View Replies ]


To: Mad Dawgg
I mean there are no rules to say they can't do such, after all they have the same power as the FED does over creating dollars. There is no Government Agency regulating this currency.

The Bitcoin community is self-regulating.

The answers to your questions can be found here: https://bitcointalk.org

48 posted on 12/05/2013 2:57:12 PM PST by Errant
[ Post Reply | Private Reply | To 40 | View Replies ]

To: Mad Dawgg

Where are the Bitcoin jokes?

Well lets just hope they don’t start doing the QE in bitcoins.


58 posted on 12/06/2013 12:24:28 AM PST by TomasUSMC
[ Post Reply | Private Reply | To 40 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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