Bitcoin Forum
May 12, 2024, 02:13:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: If I was chairman of the Fed  (Read 2611 times)
waldox
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile WWW
April 10, 2014, 10:36:42 PM
 #21

if i was the FED chairman

I would abolish the FED and let the country create its own money thereby benefiting from the seniorage

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   * Dental Hygiene Cleaning in Toronto & Mississauga accepts Bitcoin  * Downtown Toronto Real Estate Realtor Blog & News * Toronto House Evaluation * Toronto Dental Cleaning Hygiene Centre
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
1715480011
Hero Member
*
Offline Offline

Posts: 1715480011

View Profile Personal Message (Offline)

Ignore
1715480011
Reply with quote  #2

1715480011
Report to moderator
1715480011
Hero Member
*
Offline Offline

Posts: 1715480011

View Profile Personal Message (Offline)

Ignore
1715480011
Reply with quote  #2

1715480011
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715480011
Hero Member
*
Offline Offline

Posts: 1715480011

View Profile Personal Message (Offline)

Ignore
1715480011
Reply with quote  #2

1715480011
Report to moderator
1715480011
Hero Member
*
Offline Offline

Posts: 1715480011

View Profile Personal Message (Offline)

Ignore
1715480011
Reply with quote  #2

1715480011
Report to moderator
1715480011
Hero Member
*
Offline Offline

Posts: 1715480011

View Profile Personal Message (Offline)

Ignore
1715480011
Reply with quote  #2

1715480011
Report to moderator
bgmc
Full Member
***
Offline Offline

Activity: 145
Merit: 100



View Profile
April 14, 2014, 08:09:40 PM
 #22

Bitcoin is not in the best interest of the bank. They will have to go against it at some point, probably in a covert way (their normal modus). The worst thing they can do to protect themselves, is to do nothing.



Totally, and it is actually the opposite. Bitcoin could kill the banks. They're afraid.
LostDutchman
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile WWW
April 15, 2014, 01:06:09 AM
 #23

Bitcoin is not in the best interest of the bank. They will have to go against it at some point, probably in a covert way (their normal modus). The worst thing they can do to protect themselves, is to do nothing.



Totally, and it is actually the opposite. Bitcoin could kill the banks. They're afraid.

Nope.

To do such a thing would require near universal adoption of Bitcoin and that will not happen.

My $.02.

Wink

Corporations For Crypto
Protect Your Assets and Reduce Your Tax Liability With A Kansas Corporation!
We Demand Justice From BFL
jstern
Sr. Member
****
Offline Offline

Activity: 368
Merit: 252


View Profile
April 15, 2014, 05:11:29 AM
 #24

If you were the chairman of the FED you would be a puppet.
billysweird
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
April 21, 2014, 08:45:31 AM
 #25

will it come ture?
i dont think so
the fed will shoot the bitcoin
because bitcoin hurt the fed's benefit
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!