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Author Topic: if you speak french you must read this  (Read 852 times)
rouhaud
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November 15, 2011, 08:30:02 PM
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For everybody who know read the french language you must read this article about " virtual currency "

http://www.xmco.fr/whitepapers/XMCO-LesNouveauxCircuitsFinanciersClandestins-Sept2011.pdf
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November 15, 2011, 09:12:16 PM
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Description: "The virtual currency, financial instrument characteristic of the Internet, discreet and revolutionary, has emerged in recent years as an indispensable means of payment. Organized crime, which is struggling to launder their income through traditional channels now widely framed, quickly became interested in the potential offered by virtual currency. Thus, dozens of private currencies to meet their expectations and needs are available free on the Internet. "
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November 19, 2011, 12:08:05 AM
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> Integrating banks as an intermediary between the user and the e-currency organization will permit two strong actions...

> Small e-currency establishments without the financial means to establish business relations with a bank will disappear from the market. Russia possessed an excessively large number of virtual currencies whose economic utility was not always justified.

Pathetic. Just pathetic. And we wonder why the banking oligopoly is making so much money.

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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