2013-04-03 Falkvinge: Bitcoin is Poised to Change Society More Than the Internet

[n8rwJeTt8TrrLKPa55eU]

http://falkvinge.net/2013/04/03/why-bitcoin-is-poised-to-change-society-much-more-than-the-internet-did/

There is a bitcoin craze at the moment, with prices of bitcoin skyrocketing. Bitcoin is still far from ready for prime time, but as it matures, it will change society’s fundamental operations much more than the Internet did. The net, after all, only allowed people to talk and shop more efficiently. By comparison, bitcoin eradicates the government’s ability to operate.

[teknomunk]

It is an economic agreement, and as such, has value like any other contract that improves your business. This particular contract improves every business except banks.

And by and large, that is a good thing.  Currently, society is completely dominated by the too-big-to-fail banks and central banks, and a correction will be made (eventually).

[BTC Books]

Falkvinge for the win... always.