Keiser Report Quote

[AMVM]

I just thought this quote worth mentioning:

US Dollar

- US government has 100% monopoly on mining
- Mining algorithm: 8 white guys
- Block reward: exponentially increasing ad infinitum
- Double spending: Institutionalized by the banks
- security: proof of violence
- transaction confirmation: slower than snail mail

From: http://youtu.be/MoUj8Q-BgjA?t=3m52s

Cheers,
AMVM

[LiteCoinGuy]

funny indeed (and true)  

[bluemeanie1]

great post thanks.     -bm