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Author Topic: Bitcoin: The People's Bailout / Currency VS Money  (Read 749 times)
X7
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August 31, 2014, 05:02:57 PM
 #1

Thought I would take a moment to pass this very important bit of information.

For those of us who already understand this, take a moment to pass it on to someone who does not.

http://thebitcoinmovement.com/bitcoin-peoples-bailout-currency-vs-money/

Thanks guys enjoy!


Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 31, 2014, 05:07:05 PM
 #2

Bitcoin is liberating people from banks, that's true. I'm sometimes amazed that banks really are holding peoples' money kind of hostage. If they don't agree with their customers, they refuse to do a transaction. It's astounding! So yeah, Bitcoin liberates people from banks in a way... But not everyone is going to want that!

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X7
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August 31, 2014, 05:52:10 PM
 #3

You are right, a lot of people will not want to acknowledge that - Mostly because of fear.. When a person lives on the "Right" side of a lie and they experience the benefit from this they often refuse to acknowledge the truth, which will cause them a great discomfort, The denial of truth hurts.

Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
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