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Author Topic: [2015-09-22] Currency Wars and Bitcoin ∙ IHB News™  (Read 512 times)
anirgu (OP)
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September 23, 2015, 02:01:27 AM
 #1



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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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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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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