Bitcoin Forum
June 18, 2024, 11:47:40 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Money - unconstrained by geography or institutions ?  (Read 121 times)
robro (OP)
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile WWW
March 11, 2019, 01:10:37 PM
 #1

"Money should move as easily as email does; money should be native to the internet, unconstrained by geography or institutions." - Beniamin Mincu CEO www.elrond.com

https://twitter.com/ElrondNetwork/status/1105046195246981120

What do you think?
sandra_x
Member
**
Offline Offline

Activity: 574
Merit: 14


View Profile WWW
March 11, 2019, 01:21:31 PM
 #2

There are obvious advantages of having money truly free from the shackles of censorship, that is one of the uniques advantages cryptocurrency offers, nonetheless, there are a few exceptions to this general proposition, the only form of money that should be free is a truly decentralized money, not some minted coins minted at the behest of some governments or corperations.
robro (OP)
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile WWW
March 11, 2019, 01:23:15 PM
 #3

There are obvious advantages of having money truly free from the shackles of censorship, that is one of the uniques advantages cryptocurrency offers, nonetheless, there are a few exceptions to this general proposition, the only form of money that should be free is a truly decentralized money, not some minted coins minted at the behest of some governments or corperations.

Agree with you there - decentralization is key
Kiweikoo
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 500



View Profile
March 12, 2019, 05:47:16 PM
 #4

"Money should move as easily as email does; money should be native to the internet, unconstrained by geography or institutions." - Beniamin Mincu CEO www.elrond.com

https://twitter.com/ElrondNetwork/status/1105046195246981120

What do you think?
Yes I agree with you, money needs to be fully off the hands of the government who controls money by printing as much amount as they need thereby causing inflation in the economy of the system, we need a money that is controlled by the people and should have a consensus before more money is been created and bitcoin is making this happen already, this makes bitcoin and other cryptocurrency government biggest threat.
Pages: [1]
  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!