[2014-11-06] Video: The Hidden Dangers of Bitcoin

[LiteCoinGuy]

The Hidden Dangers of Bitcoin

Bitcoin is a revolutionary decentralized architecture which can be used for an untold number of incredibly valuable services – including the transfer of financial value. As Bitcoin adoption continues to expand, significant interests are threatened and early users could face an incredibly dangerous backlash.

http://www.youtube.com/watch?v=tXBwcedQuQ0

[aigeezer]

Molyneux at his best.

WARNING: It will make you think. Perhaps you do that already - perhaps not - all sorts of people visit this forum.       

"It really disturbs the villagers when a body falls from the sky".

[notthematrix]

yeah but there is a deeper problem.
That's the limited recources on the planet.
You can basicly describe it in this 10 second clip.
http://www.youtube.com/watch?v=Sqwd_u6HkMo
that's the real problem , endless growth can not maintain on a finite planet.
so they need a system that does not need inflation to thrive.
and bitcoin could be the only solution accepted by al 195 countries
bacause it is decentralized and not owned by anyone.

[fluppyguppy]

of course there's hidden dangers of bitcoin but its not depended on, its a not a property owned by anyone it would be perfect to use to fix economies thats just my opinion

[lihuajkl]

It has been talked many times about the topics in the video, such as deflation issue, low cost for transaction, deflation, the needed role of central bank etc.