That has been true, and will continue to be true only up to a certain point. Remember, we are still in the infancy / innovation phase of crypto development. When Bitcoin takes its place as the currency of Earth, the altcoins will be left behind.

http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

The harsh reality is that when the "cryptocurrency moment" happens, there can only be one. And Bitcoin is the one. I suggest you pull your money out of the altcoins before the rocket departs, because there won't be any going back.

Fixed that for you. The dollar is a 90 year old man on life-support, a zombie-currency. Bitcoin is a rapidly developing infant full of vitality.

Some fear that the 90 year old man will get up out of his hospital bed to strangle the infant, but this is not possible. His legs have already rotted away, his arms are skin and bones.

The corporate elite and the political elite are the same people. It's a completely corrupt caste system now. They go from the private to the public sphere and back. There's a reason they're all millionaires, they have to sell themselves to the corporations to even get the job!

Let me repeat that, the employers/executives/owners and the political leaders are the SAME PEOPLE. This is known as "revolving door" politics.

5 BTC = millionaire within 8 years ($2,000 today)
50 BTC = millionaire within 4 years ($20,000 today)
250 BTC = millionaire within 2 years ($100k today)

Along with Slavoj Zizek, Richard Wolff, Ken Robinson, Jeremy Rifkin, Christopher Ryan, Howard Zinn, Noam Chomsky, Naomi Klein, John Taylor Gatto, Tristam Stuart, John Hunter, Daniel Quinn, and countless others.

The scientific and intellectual community is always trying to shake people out of their haze of propaganda and work-exhaustion, but it's difficult. The plebs come home from their miserable jobs, and they don't want to learn, they don't want to think and debate. Can you blame them?

Thinking and learning require effort and commitment - real mental energy! They have none left as their employer has sucked it all out of them, along with their passion and ambition. How do we reach people who only want to turn their brains off and be entertained when they're not at work?

Bitcoin looks to slap New York with reality check. Bitcoin is sovereign, New York is not.

Back on topic: capitalism is still awful, and anyone who defends it is at best an indoctrinated ignorant first-worlder or at worst a sociopathic privileged parasite at the top of the pyramid.

Which are you?

This one hands down: https://www.youtube.com/watch?v=YIVAluSL9SU

But I'm not throwing money at this random site no one cares about... which OP probably posted himself.

Listen to this man, he knows what he's talking about.

This is the innovators / infancy stage by definition, early adoption hasn't started yet. Early adoption is when the first 5% or so of the population starts using Bitcoin. We're not even at 1% yet, closer to one tenth of 1%.

Ahaha. Worry not, they can't do that. It'd be political (and perhaps literal) suicide for them. Bankers abandoning fiat would be a betrayal of trust the people would never forgive. They're caught between a rock and a hard place here. As leaders, they have to wait until the masses start divesting from fiat before they can get away with it.

These scumbags have relied on deception and secrecy for far too long, that's over now. See, everything that happens on the blockchain is transparent. You can't secretly dump your fiat and buy bitcoin, because it pushes the price of bitcoin up (or the value of fiat down, which is the same thing, it's all relative).

People would see the value of bitcoin skyrocketing to the moon and it would create chaos and panic, worse than any bank runs in history. This would quickly destroy the dollar, robbing everyone of their fiat savings, which would surely spark a revolution from all the fiat peasants the bankers abandoned.

Trying to kill bitcoin by throwing fiat at bitcoin is like trying to kill a fire by pouring gasoline on it.

It depends on one's perspective. >> "The only thing a capitalist hates more than a communist is a competitor."

Bitcoin is an extremely dangerous competitor, it threatens their monopoly on currency which has been the golden goose for the bankster crooks for a long time.

There is a reason that every alternative non-government currency created up until bitcoin was swiftly stopped by FORCE, with extreme prejudice. They can't use force against a decentralized enemy, so they're shitting bricks. The smart ones are, anyway.

Not that it matters, there's nothing they can do. I said it once and I'll say it again, this game was over before it began. One thing is for sure, this is the last decade the phrase "money laundering" will be in use. That kind of twisted power over people is being taken from them as we speak.

Now that money is information and information is money, we can launder money in our brains.  There is no stopping this technology, unless they invent a time machine.

Why not? It worked for cannabis!

As long as that's a real German or Belgian beer, and not that american pisswater, we're good.

Hail Satan! I've always been a sucker for a rebel.

Under 10 BTC not really

10+ BTC yes

It's literally a bargain at any fiat price, as everyone will understand in the coming post-fiat era.

You are trading soon to be obsolete (ergo valueless) money for programmable future-money.

Yeah, the Gilded Age was a regular paradise for the average citizen  

Jesus Christ, could you possibly be any historically amnesic? It's stunning how clueless people are about very basic, relatively recent american history.

No, it most certainly is not. The harm is heaped upon poor minority communities, most especially low-income black males who account for 80% of the prison (=rape-camp slave labor for profit) population.

A dangerously myopic perspective. When you can't swim in the oceans or even live within 50 miles of any ocean, will it affect you then?

Whoadude, I don't know where you're from but it's sure as shit better not be the United States.

Whatever healthcare system you have, I guarantee you it's better, WAY cheaper, more compassionate, more comprehensive, than the parasite profiteering model for health"care" we have here.

U.S. spends 18% of our GDP on healthcare.
Australia spends only 9% of GDP. That's a country that is mostly unlivable fucking desert, by the way.

Hip replacement in Belgium costs $13,000.
Hip replacement in U.S. = $100,000 +

Colonoscopy Switzerland = $650.
Colonoscopy in US = $1,100

1 month of Lipitor in New Zealand = $7.
1 month of Lipitor in U.S. = $124

In the U.S. healthcare providers charge whatever they think they can get away with.

BTW Americans go to the doctor less than Europeans and stay in hospitals far less time, probably because hospital stays are 7 times more expensive here in the U.S.