If it is not a currency, then why does it have any value at all, other than as a ponzi scheme where new investors provide the gains for earlier investors?  

When the market cap of those naive enough to buy this is saturated, then we play pop-goes-the-balloon.

I am not saying that Bitcoin doesn't show us the way towards a real decentralized currency. But Bitcoin ain't it and can't be, because there is no way to distribute the coins such that it could be, i.e. there are 7 billion people on this planet and by the time 1% of them own Bitcoin, the rest of them will be worth 1/1000000 if Bitcoin becomes the global currency. And Bitcoins are concentrated into investors hands, and investors don't spend all their networth as a currency. And if all the people don't use it as currency, then how do you invest with it and pay employees with it. Just think it out.

Distribution is the critical factor nowadays in any business. How did facebook win? Distribution!

How with the elite win when setting up the next currency regime for the world? Distribution!

Mimicking sweaty armpits Steve Ballmer, instead of "developers, developers, developers", this gorilla is chanting "distribution, distribution, distribution".

And I am not saying I don't admire the genius of what Bitcoin shows us might be possible.

Are you sticking up for vod, the 'licking his boob' man, who has the spirit of the anti-christ?

vod has the spirit of the anti-christ

vod also is some kind of perverse individual who goes around on these forums with the saying: 'been licking his boob'



Now, come and reason with me, are you really going to believe such a person as vod?


I asked vod not to post in this thread, but he has responded by continually stalking and posting rude comments.

If you believe in Jesus Christ, then you likely can see where I am coming from.

Post here and let us know that you believe in Jesus Christ.

yes. this would be dramatically for the economy of the world. but its not possible to kill the complete internet, but you can cut of single countries.

+1

Yes, I used to want smaller government.

Then again, perhaps you think that computer programming is not witchcraft?

I wonder what people think about this

i have to admit that i voted for obama both times. i gave him a pass for not going after bank/wall street execs, but the last straw for me was when he sent the hammer down on snowden, whom i believe is 100% innocent. julian assange, on the other hand, i found to be more seedy.

anyways, the whole snowden issue was an eye opener for me. obama wants state police, and he wants to spread the american hegemony across the world. i won't be voting for a democrat again.

Further, if you got to Europe, you can see how Islam has turned many cities into disaster areas.

In England and Norway, there are many areas considered "no go zones" for non Muslims. Unlike going down a street in a nice neighborhood in the US or Canada, going in will not only elicit dirty looks, but will likely get you beat up or killed. Even the police will not go into certain areas for fear of violence.



Islam is a cult because of it tenets

In Islam, you can be killed for apostasy (leaving Islam).
In Islam, you cannot say anything derogatory about Muhammed, or you will be killed.
Preaching another religion in a Muslim country will get you imprisoned and or killed.

In Islam disciplinary action includes beating, maiming, stoning, beheading or jail. Excommunication is for minor offenses.
Those who leave Islam must live in constant threat of being discovered and killed.

Based on the above, Islam is a cult. It is the biggest and the most successful cult. It practically reunites every feature of cult. Other cults may not be cultic in some of the above points. But Islam is cultic in every way and it would be a gross mistake to number it among religions just because 1.2 billion benighted people call themselves Muslims.
http://www.faithfreedom.org/oped/sina50218.htm