Good stuffs that came out of bitcoin

[grondilu]

In order to help Gavin before his presentation in front of CIA, I would like to open a thread about what good can come out with a free, decentralised monetary system.

Let's try to forget about controversial commercial activities for one second, and focus of good economic stuffs.



My two cents:

* easier access to credit for everyone, including micro credit ;

* easy set up of a commercial activity even for poor people ;

* more possibilities for raising capital in businesses ;

* fair international monetary system between nations ;


Ok, your turn.

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[Mahkul]

Obviously a huge advantage is that Bitcoins aren't physical - no need to transport dollar (or whatever else) bills from one place to another.

[ploum]

* secure online payment without relying on a privately owned company
* Allows micro-payment and thus open the door to a lot of new business models
* cheap online payment.

[goatpig]

deflation, anyone?

[grondilu]

deflation, anyone?

Way too many people won't agree with this being a good thing.

[hazek]

Sorry but this thread is just pure fail.

Governments primary source of control and power comes from their monopoly on money. If they didn't have that, no one would care what they do and they'd simply get ignored.

"Give me control of a nation's money and I care not who makes her laws." -Mayer Amschel Rothschild


BitCoins is a technology that will eventually threaten their power and ultimately relevance. Do you really believe they're interested in learning what good it can do for the people?! The only reason I can think of why the CIA wants to learn more about it so that they can better figure out how to control it. That's all they're interested in. Control.


I just hope Gavin knows what he's doing.

[kiba]

The government is in a never ending quest for power! Alway for power! Never for freedom! Never for humanity! Never for good! Never for evil!


Seriously, you guys are paranoid.

[grondilu]

BitCoins is a technology that will eventually threaten their power and ultimately relevance. Do you really believe they're interested in learning what good it can do for the people?! The only reason I can think of why the CIA wants to learn more about it so that they can better figure out how to control it. That's all they're interested in. Control.

Who knows?  Maybe even those guys of the CIA could be overwhelmed by the possibilities of bitcoin, and they could start to think the world in a different way.

Inside a CIA agent, there is a human being with a beating heart and a brain still capable of dreaming.






Ok that was my peace and love moment.  Won't happen again.