Ugh... and I thought genjix's approach in spruiking the 'subversiveness' of Bitcoin to London financial types was bad,
now we're going to associate yet more heavily with the conspiracy-nutters too?
Things were looking up with wordpress adoption and the work of bitpay, bitinstant, paymium etc giving a 'businesslike' impression...
infowars etc is the wrong emphasis for me, but Ah well - I guess (hope?) Bitcoin is already big enough to handle it all.
(please take this post with a grain of salt and not the wrong way, it's largely hyperbole)
Haha. That's what you get for joining an open currency. We should've made bitcoin so that only certain accredited institutions can issue it and make it so we can control who can hold how many bitcoins (put a maximum) and be able to take them from people at any time and re-distribute them to people that are more trustworthy and apt to handle money responsibly.
On another note: one could also argue in a slightly other way: Bitcoin is the money of the people! All these businesses (bitpay, bitinstant, mtgox) embracing it poses a risk of westernization or centralization in general. We should push for more Iran-like stories in order to get bitcoin outlawed or at least make its use by businesses severely less attractive so it doesn't get into the wrong hands.
What I'm saying is:
Bitcoin is a-political and a-moral. And that's good. Judging any type of use of it as being
bad or
good is misguided.
Who knows who or what will make Bitcoin big and effect the next breakthrough? Could be US-based western businesses,... could be the people of Iran,... could be porn or drugs or "the resistance". We are not in a position to decide that and
any use is good use.