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Author Topic: The more I read, the more excited I get!  (Read 1138 times)
AnonymousAnarchist (OP)
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May 17, 2011, 07:45:46 AM
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I spent most of last night reading up on bitcoin and economic theory and the more I read, the more excited I become about it. I've looked at a few other alternative currencies but from my point of view, bitcoin is the first one to have a chance at real, long term, survival. It also seems to present a real threat to the international banking cartels. It will be attacked, it will eventually be outlawed I'm sure, but I really believe the strength of the network, its anonymity, and the p2p nature of it makes it impossible to stop.

I know most of you old timers have already heard all of this stuff but for someone who's been looking for a way to break free from the control the banks have on our society, bitcoin seems like a godsend.

AA
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Rage
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May 17, 2011, 07:58:52 AM
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Careful, now, AA, you might just get addicted! I've been involved with BitCoin for a few months now (and a member of this forum for even less time) but I'm already addicted. BitCoin is the way of the future. And you're right: the ability to break the hold central banks have on our societies is coming within our reach. BitCoin might just be the way to do that.

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May 17, 2011, 08:24:38 AM
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I can't say I am addicted to BC (I am addicted to too many other things as well), and this is my first visit to the forum since a couple of months, but I am really excited by the Bitcoin wave. Every day there are more and more mentions of Bitcoin by the press, including very well known sources.

And as AA says, of course BC is "a real threat to the international banking cartels. It will be attacked, it will eventually be outlawed." What can we do to protect BC?

This is a good article, I am sure it has been discussed on the forum already: http://launch.is/blog/l019-bitcoin-p2p-currency-the-most-dangerous-project-weve-ev.html
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