@allinvain
I agree with you, don't worry we're on the same side. (we are just swapping ideas)
What about smaller crypto-currency networks on a community level, each with it's own miners, users, etc. Then we would have to trade with other groups/communities and establish our own value. Wouldn't that help to stabilise the value and maybe keep 'unbelievers' away ? Even if btc is uncentralized, it is still globalized, which makes it easier for big moneymakers.
Hmm, not too sure what to think of community level cryptocurrencies. I think they would be ok for a very small group of self sufficient families but you'd run into the same problem people bartering do. In my opinion the more widely adopted a currency is the better it is. On a community level I think maybe something other than a cryptocurrency would be best ( after all you think a small community would go through the hassle of developing their own bitcoin derivative, miners, etc) - something like "social credits" or some other form of fiat person to person credit "money"
There's a fairly long tradition of community currencies in the US (e.g.
Ithaca Hours). I wonder if anyone is exchanging bitcoin for such currencies?
