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Author Topic: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster  (Read 1166 times)
virtualmaster (OP)
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April 17, 2013, 06:16:43 PM
 #1

Governments must co-opt bitcoin or face financial disaster:
http://www.americanbanker.com/bankthink/governments-must-co-opt-bitcoin-to-avert-disaster-1058380-1.html?zkPrintable=1&nopagination=1
It compares bitcoin with World War I. They fear it already so much ?

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Hei_
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April 17, 2013, 06:17:40 PM
 #2

bull-shit Smiley
herzmeister
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April 17, 2013, 06:20:11 PM
 #3

so awesome  Cheesy

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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April 17, 2013, 06:24:38 PM
 #4

yes they think kim jong un is satoshi!!!!
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April 17, 2013, 06:25:55 PM
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wow.  can you feel the desperation?

and the lack of knowledge and understanding, not to mention the contradictions, permeated this article deeply.

Bitcoin CLEARLY has them on the run.
BTC Books
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April 17, 2013, 06:26:33 PM
 #6

Wow.  That guy is a total asshat.  Probably angling for a job at a bank...

Dankedan: price seems low, time to sell I think...
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April 17, 2013, 07:41:00 PM
 #7

Quote
adjust assistant professor in the Department of Electrical Engineering and Computer Science

Quote
Bitcoin will reign, suck in an enormous amount of wealth, and eventually implode

This person doesn't seem qualified to make these kind of un-backed assertions.

Civil Liberty Through Complex Mathematics
superduh
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April 17, 2013, 10:03:57 PM
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digitized national currency? paypal? facebook credits? i dont think he even understands what he is saying

ok
drrussellshane
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April 18, 2013, 12:14:03 AM
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yes they think kim jong un is satoshi!!!!

Wouldn't that be a hoot if he was?

Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
virtualmaster (OP)
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April 18, 2013, 08:23:57 AM
 #10

If Cyprus started the I Bitcoin World War will Argentina start the II Bitcoin World War ?
http://www.bloomberg.com/news/2013-04-16/bitcoin-dreams-endure-to-savers-crushed-by-cpi-argentina-credit.html

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matonis
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April 18, 2013, 08:26:12 AM
 #11

Author is also affiliated with BitMint:  http://www.bitmint.com/

He fails to disclose that fact.

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
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April 18, 2013, 08:30:52 AM
 #12

Author is also affiliated with BitMint:  http://www.bitmint.com/
From that site:
Quote
Bitcoin poses a threat to our fragile global financial order

BitMint is Bitcoin Done Right

... reminds me a bit of the SolidCoin "PR".
Anyway, even though their tactics appear pretty low-brow, let's welcome the competition.

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