 |
August 12, 2014, 11:42:41 PM |
|
1. Money in crypto are the person `property`.
2. Crypto coin can be moved with relative anonymity if desired.
3. Exchanging some % of cash holding makes sense as it provides secure, portable stash of wealth.
4. By paying in crypto coins for goods and services you can empower free marketplaces.
Prices of many coins are unstable at the moment. However decline in price of coins such as BTC, LTC and similar coins are less that 100% loss of cash due to unilateral actions of banks, judiciary and government. Having said that yes there are some open minded bankers, police guys and government employees yet they are not a majority yet.
Furthermore in real economy produces of most wealth are the entrepreneurs who organize enterprises to supply goods and service, working people, self employed folks, consumers, inventors, artists,etc not gov and banks. Its therefore makes sense that the power to create and choose medium of exchange and wealth storage can belong to the wealth creators.
|
