Enthusiastic about Bitcoin but not so much Bernanke

[Beatthebank]

Hello fellow Bitcoin enthusiasts.

First off, apologies if this concern has already been addressed in another thread and I hope I don't overstep for a Newb. 

Let me start by saying that I am very excited about the possibilities of Bitcoin. Of course I am hoping to make money but so much further to that, I do wish Bitcoin every bit of success. The elimination or minimising of third party credit card fees, the possibilities of almost anybody floating their business to the public shareholders, the available time stamp to prove that you were first with the story etc etc.

A little background info...

I first became aware of Bitcoin due to my interest in Ron Paul. This interest led to learning about what fiat "money" actually was and a basic understanding that banks, in particular central banks, were the PROBLEM not the SOLUTION as governments around the world try to tell us. Anyway enough about politics but it was Libertariansim that led me to Bitcoin.

Suffice to say that if a centralised bank/money is the problem, then you could say that a de-centralised bank/money Bitcoin is the solution. Hence it is with great trepidation that I follow the developments of Bitcoin. If I can be me own bank even in a fractional way...

I understand that acceptance by the "mainstream" is vital for Bitcoin become an alternate/competing currency. For some, I guess, Bernake's acceptance of Bitcoin is a step forward to mainsteam acceptance but for me This is a cause for GREAT concern. I also understand that unlike fiat there is a finite number of Bitcoin to ever be produced but I still can't get past Bernanke recognition (the most well known bankster out there). If Bernake has his fingers in the pie - that rings alarm bells for me.

Sorry if i overstep the mark as a newbie but I know I know I am not the only one concerned about Bernanke's endorsement. Whilst Bitcoin has been in the MSM in my country I assure you that my work colleagues have not heard of it. My more aware friends have the same concern about this banksters endorsement. Please help because I know if I can rebutt these concerns my circle of friends will also embrace Bitcoin.

Thankyou for your patience - there is a question. I assume for Bitcoin to be successful as an alternate/competing currency there should be mainstream support, if part of that mainstream support is provided by banksters and Wall Street what is to stop those very banksters hijacking Bitcoin and manipulating like any other stock market, dirivitive etc? What do I tell my friends that ask the same thing? If I can provide a rebuttal not only will I get peace of mind but I could possbily recite it to any sceptic and thus be able to "recruit" people to Bitcoin.

Thanks    

[1715233743]

1715233743

[1715233743]

1715233743

[hilariousandco]

Bernanke's word isn't gospel, nor should it influence your friends or own opinion without looking at all the facts and evidence. What makes you think Bernake has his "fingers in the pie"? Regardless of that, I should think any intelligent person should be endorsing Bitcoin, or at least admit that it's a good idea.

Bitcoin is slowly gaining traction, but it's probably going to be a long journey to even semi-mainstream adoption, but I think It's also inevitable that Wall Street and Banksters and greedy capitalists will get involved eventually, but does it really matter? They don't own it; everybody does. This is a peoples' currency, but it's also a revolutionary idea and very new concept, so you cannot say for certain what will happen in the future. Only time will tell, but I'm banking on it.

Sorry if i overstep the mark as a newbie but I know I know I am not the only one concerned about Bernanke's endorsement. Whilst

And you don't have to apologise for anything. This is one of the better first newb posts I've seen.