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anirgu (OP)
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September 23, 2015, 02:01:27 AM
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Currency wars and bitcoin takes a look at competitive devaluation in international affairs and how bitcoin might be a better alternative.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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September 23, 2015, 05:30:42 AM
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So in short moral of the story is that volatility in the fiat system based on central bank monetary policy has caused massive misallocations of global wealth. Since this is a global economy, every move by global central banks is connected to money in developing and unstable economically countries messing it even harder. And with bitcoin we could be free of that bullshit of global central bank... I wish to see that.
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September 23, 2015, 09:44:46 AM
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Amen!

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