We were wrong

[niothor]

There are a few people who said it earlier , but again.
YOU were wrong , not "we" , and not "us"

[MPOE-PR]

There were no enemies of bitcoin.

The real enemies are us here in forum, we the people collectively are the enemies of bitcoin.

We drive the price up and crash it back down. No one else can do it except the market.

We scare away the newbies, we make excuses to why the blockchain is not confirming, we don't provide solutions or a calculator to compute transaction fees, and much much much more.

In return they (savvy investors, mums and dads, and elitists) will punish "we the people" by ignoring bitcoins and then the value will plunge to zero.

The governments don't even need to regulate it, we will destroy bitcoin ourselves.

A little excessive maybe, but still a good point.

[kokojie]

ripple is a stupid joke. Let's use a centralized company with infinitely printable XRPs, haha!

[techstorm2]

there's always going to be antagonists in big money games.
i honestly don't even know what a ripple is and they've been around for how long now?  i say "meh" to ripple lawyers.

Im still not sure either, from what i understand they are a centralised money transmission service, we'd be relying on their centralised servers rather than the bitcoin decentralised model, anyone correct me if im wrong.

 

[nwbitcoin]

I've been away from the bitcoin world for a few months, but the US sitting brought me back in as it signals a new era for bitcoin.

However, I have realised something in the time I've been away from the forums which is that the loser if crypto currencies become popular will be the finance industry.

What we have now with bitcoin is like HTML 1 - its the web in 1993. Bitcoin is being talked about, is in the newspaper, but nobody is really understanding the potential.

It isn't a replacement for fiat, its a replacement for the banks - and on that basis, governments are going to be interested in being friends.

However, its going to take 5-10 years before the mainstream pop their toes into the pool, and that is plenty of time to get some laws in place. 

It will be interesting to see how the law on illegal lending and contracts is developed by the US government when they find out Bitcoin has some unused features built in. What happens when it can use some of its more advanced programming features - forget holding bitcoin as a store of value - imagine starting your own working global bank with your bitcoin savings?

Government might not want to be friends then! ;-)

[crumbs]

Anyone notice the giant PR campaign going on right now and all the "rah rah government good"

It's like every Hollywood movie got it right =P The Pinkertons come in right after some successful anti-fear pr stunt and pump the government.

SR gets bagged as a trophy and then the Senate meets on Bitcoin and now youngish accounts are singing praise and halleluah.

/tinfoil hat

The Pinkertons were a Libertarian ideal -- mercenaries working for profit, a privately funded bunch of thugs.

[Alpaca Bob]

It isn't a replacement for fiat, its a replacement for the banks - and on that basis, governments are going to be interested in being friends.

Nail & Head.

[AgeraS]

Because we all know politicians never lie or are misleading... 

[Alpaca Bob]

Because we all know politicians never lie or are misleading...  

People. It's people that lie and mislead. Not all, but a darn lot of 'em. Including a lot of politicians. And a whole lot of non-politicians.