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Author Topic: Central Bankers Argue Digital Currency Requires Institutional Control  (Read 1362 times)
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June 09, 2014, 06:13:14 AM
 #1

Central Bankers Argue Digital Currency Requires Institutional Control
http://www.coindesk.com/central-bankers-digital-money-institution-control/

Bitcoin was created to shut down central banks.
Now central banks want a piece of Bitcoin.


 
 
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Ron~Popeil
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June 09, 2014, 06:27:54 AM
 #2

Of course they think that, the protocol cuts them and their fellow parasites out of the equation. Starve the beast!

bryant.coleman
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June 09, 2014, 06:39:58 AM
 #3

Who cares what they think about the digital / crypto currency? Whatever noise they make, people would still use them, and they won't be able to do anything. What a bunch of absolute losers?

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June 09, 2014, 07:38:18 AM
 #4

Even the banker acknowledged the new technology has tremendous advantage. If they don't react to the revolution, they will doom to die.

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Ron~Popeil
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June 09, 2014, 07:41:10 AM
 #5

Even the banker acknowledged the new technology has tremendous advantage. If they don't react to the revolution, they will doom to die.

The sooner the better. This proclamation shows how far they have slipped from reality. 

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June 10, 2014, 12:15:34 AM
 #6

Even the banker acknowledged the new technology has tremendous advantage. If they don't react to the revolution, they will doom to die.

The sooner the better. This proclamation shows how far they have slipped from reality. 

A new spin on the propaganda. Just let them play their game, it doesn't matter.

bitsmichel
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June 10, 2014, 12:18:09 AM
 #7

Central Bankers Argue Digital Currency Requires Institutional Control
http://www.coindesk.com/central-bankers-digital-money-institution-control/

Bitcoin was created to shut down central banks.
Now central banks want a piece of Bitcoin.

I think the opposite is true, Central Bankers need to be controlled.
Ron~Popeil
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June 10, 2014, 01:50:24 AM
 #8

Central Bankers Argue Digital Currency Requires Institutional Control
http://www.coindesk.com/central-bankers-digital-money-institution-control/

Bitcoin was created to shut down central banks.
Now central banks want a piece of Bitcoin.

I think the opposite is true, Central Bankers need to be controlled.


Did you know that their currency is used for buying drugs and kiddie porn? I really think we should avoid it.

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June 10, 2014, 02:01:23 AM
 #9

Bitcoin needs to be controlled by institutions that are now obsolete because of it? Makes perfect sense!  Cheesy

Ron~Popeil
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June 10, 2014, 02:04:42 AM
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Bitcoin needs to be controlled by institutions that are now obsolete because of it? Makes perfect sense!  Cheesy

Who will protect us from ourselves?  Grin

waldox
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June 10, 2014, 03:36:10 AM
 #11

its best if central bankers keep ignoring bitcoins

eventually bitcoin will hit critical mass and central bankers will be slaughtered

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June 10, 2014, 04:03:06 AM
 #12

Central banking to prosper

Haldane and Qvigstad dismiss the notion that decentralized digital currencies will mark the end of central banking, calling such a viewpoint “overly pessimistic”.

Comparing the introduction of digital currencies to the ascent of gold for use in banking, the authors say that central banks worldwide could adopt bitcoin-like technologies. Such a move, the report states, would constitute “a next evolutionary step in money issuance”.

^^^
The IMF/UN might issue a One World global currency since it is supposedly what the elite want.
There are other threads here that ask if Bitcoin is helping create such a thing.

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June 10, 2014, 04:08:37 AM
 #13

Central Bankers Argue Digital Currency Requires Institutional Control
http://www.coindesk.com/central-bankers-digital-money-institution-control/

Bitcoin was created to shut down central banks.
Now central banks want a piece of Bitcoin.

I think the opposite is true, Central Bankers need to be culled from the herd.
FTFY.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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June 10, 2014, 04:25:20 AM
 #14

Central Bankers Argue Digital Currency Requires Institutional Control

translation: bankers fear losing their jobs, so sought out "job creation" by pretending bitcoin needs them

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June 10, 2014, 04:58:38 AM
 #15

Bitcoin needs to be controlled by institutions that are now obsolete because of it? Makes perfect sense!  Cheesy
If we add to some list, I will keep voting, let's wait.

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June 10, 2014, 05:12:10 AM
 #16

 the protocol cuts them and their fellow parasites out of the equation.

Ron~Popeil
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June 10, 2014, 05:22:09 AM
 #17

the protocol cuts them and their fellow parasites out of the equation.

QFT. The sooner they are out the better.

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June 10, 2014, 05:24:45 AM
 #18

someone should send the bank satoshi's original paper.
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June 13, 2014, 12:17:18 AM
 #19

Central Bankers Argue Digital Currency Requires Institutional Control
http://www.coindesk.com/central-bankers-digital-money-institution-control/

Bitcoin was created to shut down central banks.
Now central banks want a piece of Bitcoin.

I certainly do not agree that Bitcoin should be controlled by central banks. However there will need to be somewhat of centralization once any serious amount of lending/borrowing starts taking place. I am not talking about the small payday loan type loans found in the lending section, but loans that people with good credit/income would take out.
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June 13, 2014, 03:04:21 AM
 #20

More like Central Wankers, am I right?!

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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