This is why I start bitcoin

[Jarvis90]

Few week ago, I explore myself to a topic that I never think or doubt about it before.

What is currency?
http://www.youtube.com/watch?v=jC4VR56AGbo

This is why I start bitcoin. 



Donate me, if you find this topic is interesting:
BTC: 1A7E4XRRfsdPEBDs7J4RXthpWvK47UvcMG

[krishatnet]

All the best bitcoin is getting more popular in these days.

[Jarvis90]

That is true.
But I'm curious that why bitcoin is related to currency now.
If bitcoin just a stand alone trading item, then currency will never get involved in this system.

Just like back in century where currency haven't being created.
Gardener:" I need milk, how much btc I can trade one cow from you?"
Farmer A:" 10btc for one cow, deal?"

"A item is valuable only if people think that it is valuable", right?
IF the gardener think that it is worth to make this deal, then is a fair trade.
IF the gardener think that it is not worth 10btc, then no deal.

[timz]

I'm really surprised how few people understand how bank works, what is Federal Reserve, etc. I thought American people had to understand something in 1933, when U.S. government confiscated their gold. Please share this video all possible ways, I still have a small hope that the crowd can change the world.
The original version of this film with multilanguage subtitles: http://youtu.be/iFDe5kUUyT0

[Jarvis90]

Timz, is not that few people understand how bank works.
I think most of the people understand, is just that all of us get involved in this big game.
You cant even survive if you didn't follow this system.
Without loan, can you buy yourself a house? or a car? If you didn't follow this bank system, you're out of this game.
Everyone knew the debt just keep on increasing without a single drop in pennies.
But who willing to give up the moneypaper they holding in the hand and said "stop, is time to change"?

For me, I look at the bitcoin as a insurance, that if one day this currency system really go to an end, maybe bitcoin is the solution.
But most of the people who playing bitcoin as a investment, to get back currency by selling it.

[Gator-hex]

This is the original one that explained it the masses...

Money is Debt. http://www.youtube.com/watch?v=jqvKjsIxT_8