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Author Topic: 2012-04-27 Should a monetary system be centrally-planned?  (Read 1504 times)
marcus_of_augustus
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April 27, 2012, 03:24:46 AM
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Interview with George Selgin, free banking researcher and advocate, on the Atlas Sound Money project website.

The interview is long and in depth, but if you begin listening at 25:00 minutes you'll get the context and the bitcoin discussion, back-up further for more context.

http://www.soundmoneyproject.org/?p=7368

Direct youtube link to relevant segment

http://www.youtube.com/watch_popup?v=U_0CNwgL8Rw&vq=medium#t=1500

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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April 28, 2012, 06:25:36 PM
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Nice the definition of "quasi commodity" Smiley

Articoli bitcoin: Il portico dipinto
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April 29, 2012, 06:21:49 PM
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Nice the definition of "quasi commodity" Smiley
If your looking for an abstraction to define Bitcoin, it might as well be a commodity.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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