2013-04-17 americanbanker.com - Governments Must Co-Opt Bitcoin to Avert Disaste

[herzmeister]

let's do it! let's get together! write to me! call me! just think about it! plzzzzzzzzzzzz 


oh the Keynesian mindset, the naiveté and his good faith in the central banksters.

[cypherdoc]

If not, Bitcoin will reign, suck in an enormous amount of OUR wealth, and eventually implode, unleashing a financial tsunami of unimagined proportions.

fixed

[ArticMine]

This is not a threat to Bitcoin at all. I have a very strong belief that the governments worldwide will regulate this into oblivion. Why because the underlying business model in fundamentally no different from that of PayPal or e-Gold and subject to the exact same regulatory risks and costs.

The outcome is:
1) It becomes a PayPal clone but only very late to the market.
2) It suffers the fate same of e-gold at the hands of one or more government agencies.

PS: The alchemists were right all along. It is possible to turn lead into gold. It is called Nuclear Physics not Chemistry by the way.

[TraderTimm]

Governments can't even balance their budgets, and somehow they'll create a bitcoin 'rival' and succeed?

Hahahahahaha... *deep breath* Hahahahahahaha

Suuuuuuuuuure they will.