Bitcoin Forum
August 19, 2018, 06:08:13 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2013-04-12 BBC-bitcoin-and-the-illusion-of-money  (Read 1117 times)
lunarboy
Hero Member
*****
Offline Offline

Activity: 544
Merit: 500



View Profile
April 12, 2013, 09:25:21 PM
 #1

Not bad. A little negative, but considering recent events thats hardly surprising.

At least were being taken seriously by mass media these days.

http://www.bbc.com/future/story/20130412-bitcoin-and-the-illusion-of-money/1

"Some economists, certainly, would welcome further disruption. Writing in 1976, Fredrich Hayek argued in The Denationalization of Money for the removal of the legal obstacles preventing people from using any kind of money they wanted, thus creating a kind of global battle between different rival systems.

“We have always had bad money,” Hayek argued “because private enterprise was not permitted to give us a better one.” No government has yet has acted on Hayek’s faith in the power of the open market. The world, though, may already have embarked on just such an experiment.  Betting against Bitcoins is one thing. But the change they represent packs quite a punch – and, with conventional finance on the ropes, it’s still anybody’s fight."
1534702093
Hero Member
*
Offline Offline

Posts: 1534702093

View Profile Personal Message (Offline)

Ignore
1534702093
Reply with quote  #2

1534702093
Report to moderator
1534702093
Hero Member
*
Offline Offline

Posts: 1534702093

View Profile Personal Message (Offline)

Ignore
1534702093
Reply with quote  #2

1534702093
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2688
Merit: 1085



View Profile
April 13, 2013, 01:50:43 AM
 #2

Who would have thought just two short years ago that BBC would be quoting F. Hayek's "Denationalisation of Money" ... bitcoin is already a success because it has created a platform for monetary freedom and opened people's eyes to the obvious root of so many of today's problems in society, bad govt. money.

Wekkel
Legendary
*
Offline Offline

Activity: 1932
Merit: 1040


yes


View Profile
April 13, 2013, 04:51:58 AM
 #3

"No army can stop an idea whose time has come" - Vicor Hugo

It's already over for the main competition.....

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!