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January 08, 2012, 01:03:25 PM |
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It means that creators of every digital currency control their currency and possess currency and convince other people to believe that currency is decentralized (without central authority).
beside it, the main exchanger, mtgox, is surely in possession of creator and mtgox is 80% of all exchanges (the same like central authority) and they demand ID, it means that currency is not anonymous.
so, in the beginning, all creations have idealistic aims, but during the time creations adapt itself in capitalist market (and in the law) and proclaimed aims are just theory which is abandoned. all things which are created for the mass of people are in the end usurped/overtaken by small number of people:) and mass of people are still under control: they believe everything is like at the beginning, with idealistic aims...
great ideas stay just great ideas, in realization of ideas, many things are not like in theory.
creator of Bitcoin possess millions of Bitcoins and consequently he has influence on value of currency, the same is with dollars: banks and rich individuals and the states decide what is value of dollars and not people (users of dollars). even if gov let people to mine dollars (better said peaces of dollars), it is still so small amount of dollars in hands of individuals that users can't get influence on value of currency.
so, all people would do the same as creator of BTC, they would keep most of their currency for themselves, to become rich if their idea become popular, they would create the main exchanger (to be in their possession) with aim to control value of currency, and so on. their wish to be accepted by the law push them to abandon first ideas (about anonymity) because the law about finances (banks and transaction and taxes) don't allow anonymous savings and transactions.
so, due popularity and problems with the law, currency loose ideas from beginning, profit become more important for creator than ideas from beginning. in the name of profit, mtgox demand ID. in the name of profit, bitcoin become like ideology (ideological people speak one thing but they do other thing, they control minds of other people with aim to create profit for themselves). and it is solely responsibility of creators who possess millions of BTC, their need for profit bring BTC to become typical currency (with ideological convincing of people in this or that).
as Freddie Mercury said: show must go on.
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