I said Bitcoin-BASED, meaning the consensus-driven technology that underlies Bitcoin. That's here to stay.
I would like to see Bitcoin succeed, but if it doesn't, a different crypto based on the technology underlying it will succeed, for the benefit of the masses.
Given this reality, there's no point at this stage in giving Bitcoin up to / asking permission from, the ultra-elite power mongers (e.g., CFR, etc., etc.). It's just a waste.
We don't need a baby-sitter and the would-be baby-sitters don't have the right to be our baby-sitters.
That's the bottom line.
I agree they cannot kill this tech but no crypto money will succeed without their approval. That's a guarantee. What that means is that whichever currency succeeds will in fact be their choice and under their control. So they will know when you buy condoms and when you give your kid $5 and they'll turn off your wallet at will.
And that is the purpose of these currencies as you will all realize in due time. They we're never made for the masses as they simply cannot survive without govt approval.
I will have to respectfully disagree. This is an extremely defeatist attitude.
If we ever want to actually be able to describe ourselves as being the 'civilized' race that we purport to be, we have to figure out a way to live in balance with each other and the planet.
Bottom line for this is that we the masses have to figure out a way to protect ourselves from the tiny subset of our global society that is continuously rising to hold abusive power over us.
A cornerstone of their current power is the parasitic, rent-seeking fiat money system that they have convinced us to use.
The current emerging cryptocurrency technology, which is decentralized and consensus-based, is an unbelievable revolution that will allow us, the greater good masses, to overthrow these scumbags, so that we can get on with 'project civilization', on with living in balance with each other and the planet.
We're not asking for permission!