Bitcoin vs government, what are the stakes?

Posted on April 9, 2013 | 2 Comments

Bitcoin is analogous to gold in that it is hard to produce and acquire, its supply is limited, it can be exchanged anonymously, and it’s path cannot easily be traced. That has some good socio-political implications and some bad ones. Here is an article that sketches a fairly clear picture of some of that. http://www.bloomberg.com/news/2013-04-05/bitcoin-really-is-an-existential-threat-to-the-modern-liberal-state.html

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transitionparty | April 9, 2013 at 10:02 am | Reply

Dear Tom;

It is still tied to debt and that’s still thinking INSIDE the box that got us here in the first place. In the new monatery system debt is a non reality. Think outside the box.

In Lak’ech Love&Peace David

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stuart beller | April 9, 2013 at 8:49 am | Reply

the problem is not a currency,most all currencies are objective , our economic is and has always been subjective , cant work. has never worked for the poor short times for a few at the top . but always works for the rich. the real solution is to come up with a base measurement (like hp) with a min worth for intellect & labor for a specific min time. plz look at the summery only 6 pgs (www.theherm.org)

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