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Can i add my own set of smileys above? ^
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Let's get out from this section  Some 8 posts and 5hours stay bailed you out from the Newbie Prison. Congratulations. |
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I think Bitcoin is just a way to lose money while having fun.
Cool. |
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What are your prospects for bitcoin in 2012?
Personally or for Bitcoin as a whole? (forgive me for asking a question)I'd say both, there were answers already. |
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My mama say: Dont talk to strangers  Your mama is a genius. |
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What are your prospects for bitcoin in 2012?
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Maligayang Pasko at Manigong Bagong taon. |
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Even lung and bone cancer.
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And a prosperous 2012 to all.
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How about their 1996 From the Muddy Banks of the Whiskah concert. |
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This is EXACTLY why bitcoin has and will meet heavy resistance in the future. Those in control of wealth dont want to start from scratch again...
As it stands, you need alot of money to get involved in high finance.
With bitcoin, you have just as much control over those bits as he does. You are free to put every single one where ever you want.
Bitcoin won't force them to start again; there are already (and will continue to be) ways to move your existing wealth into bitcoins. However, bitcoins do level the playing field. Corrupt third world governments will find it much harder to steal bitcoins from their citizens. They will find it very hard to even know if they have any wealth. The ability to earn, store and move wealth around would make a huge difference to the world's poorest. I hear that mobile phone credits are used as a kind of pseudo-currency already in parts of Africa. No one on this forum will need the danger of that explaining to them; but it's obvious that the people doing that are only one step away from bitcoins already. Bitcoins facilitate trade, and trade is what will pull third world nations out of their poverty hole. "Corrupt third world governments will find it much harder to steal bitcoins from their citizens." They'll find a way to steal it from their citizens, it still could be hacked. |
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Thus this mean that it is designed to be limited or someone is limiting bitcoins so as to make its value higher than the actual dollar or money??? Do you admit that someone is controlling its flow or hoarding btc so as to make it rare?
The code and protocol, as designed, put a hard limit of around 21M bitcoins total. What happens then to lost btc? |
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Computers for everyone. How will 3rd world countries get,earn,mine for bitcoins if they don't have computers?
How do people in 3rd world countries mines gold,oil, or other resources? The poor of any country will be left behind in the digital age much like they have been left behind currently. Near the end of the Roman empire, the top 1% owned over 16% of all the wealth, today in America the top 1% own over 40%..... Are this stats realistic? Really? |
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Let me check this thread as well, thanks for the share.
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Few more hours and its Christmas. Merry Christmas to all. |
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