Bitcoin Forum
June 20, 2019, 02:28:26 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-04-12 BBC-bitcoin-and-the-illusion-of-money  (Read 1132 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."
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
Bitcoin Poker 3.0
The Largest Bitcoin Poker Site
Bad Beat Jackpot Available
No Limit Texas Hold'em Cash Games And Tournaments
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
1560997706
Hero Member
*
Offline Offline

Posts: 1560997706

View Profile Personal Message (Offline)

Ignore
1560997706
Reply with quote  #2

1560997706
Report to moderator
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2912
Merit: 1150



View Profile
April 13, 2013, 01:50:43 AM
Last edit: April 13, 2013, 10:02:03 AM by marcus_of_augustus
 #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: 2170
Merit: 1143


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!