Bitcoin Forum

This is straight forward, we don't need government or big business running and controlling the peoples median of exchange.

Government/business may exist without controlling currency only.

Currency controllers have in effect birthed Bitcoin into the existence that is known now, it isn't going away in your life time or anytime soon.

I'm interested to see what's coming next; we went from direct human ownership to serfdom to debt-based ownership and, seldom attempted, nationalized ownership...  However, for the most part, people are still under the belief that being owned by a higher order is vital and necessary for society to function.  So without the ability to own a population through controlling its money, whilst the population in question is largely against nationalized ownership, do we begin to own ourselves, or is there another way people can be property that we've not yet seen?

Someone should start an organization to donate mass amount of micro BTC to the under privileged populations (what ever we define this as?).

From that point on, the more power we give BTC the more power we give them.

BTC is an attempt on a global scale to spread and transfer wealth/power/etc.

i dont know if it will "kill all currency" as you stated
it will be an alternative option

it might kill paypal and western union though  ;D

No, it will kill all currency.

More and more people will continue to understand how currency and medians of exchange work in the first place.

As Bitcoin grows, this will inflate ALL currency on a GLOBAL scale because putting money into BTC is causing domino effects that is massive.

People won't take this for long, and something will be done about it. Either BTC stays or traditional currency once in for all crashes. Remember, if the USD crashes, this will have huge global effects like you would not believe. What if the EURO crashes? Same thing.

They both cannot and will not sustain stable growth along side eachother.

One side has to crash once and for all, BTC is not the same as these other medians for exchange. It isn't that type of currency. Bitcoin isn't the same.

This goes for any "alternative" to BTC.

BTC can change and adapt to any other currency if the population agrees to it. Any other digital currency like Bitcoin is just being used as a ponzi that will without a doubt fail, but is also completely legal based on what actually defines a ponzi.

interesting question, most people want to follow a leader, but if bitcoin becomes popular, the leader has no financial control anymore, so will democracy become more democratic because people have more power now?

only time will tell.

I agree with this. If people had any sense Cryptos should fatally wound PP & WU, but how long they take to actually die is another question. Cryptos might kill fiat currencies eventually, but it's a long way off. Cryptos need to become so easy to use and store that our grandparents can use them with ease. 

Ding ding ding! WE HAVE A WINNER!

Once no one uses any sort of physical unit for exchange (physical dollars, euros, etc.) Government doesn't need to print anything, they simply dictate who has what. --With clicks on a computer. They don't like your business? "Sorry your shut down. You can't buy, you can't trade. You can't live."

This further sends currency on a GLOBAL SCALE to a down-word and finally rapid crash.

Allowing Government to have high involvement/control in the many medians of exchange gives them too much extra taxing power on the people.

Leaders on a global scale would have to unite coming upon agreements in efforts to keep traditional and old-style medians for exchange alive.

Remember using a physical dollar/euro even directly is still a (traditional and potentially untraceable) median for exchange.

Just using traditional currency and holding it allows the value to deteriorate over time ever more giving government and bank business more power on a rapid rate.

Why are you encouraged to hoard/save something that loses value over time?