Bitcoin Forum

Bitcoin => Press => Topic started by: lanboor on October 23, 2014, 07:25:06 AM



Title: [2014-10-23] Bitcoin Price Advance Rearing To Go
Post by: lanboor on October 23, 2014, 07:25:06 AM
https://www.cryptocoinsnews.com/bitcoin-price-advance-rearing-go/

Centralised systems have one inevitable trajectory that has been validated throughout history, which is that as the people in the centre accumulate power and control they eventually corrupt the system entirely to serve their own needs, whether that’s a currency, a corporation, a nation.

Representative democracy was a solution to a scaling problem. The fact that you couldn’t get a message across Europe in anything less than a couple of weeks.