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Author Topic: The death of banks – and the future of money  (Read 698 times)
Traktion
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June 21, 2012, 03:44:01 PM
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I found this article and thought it was very good. Naturally, it talks about Bitcoin and the end of state currencies.

http://papermoneycollapse.com/2012/06/the-death-of-banks-and-the-future-of-money/
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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kangasbros
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June 21, 2012, 05:05:19 PM
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Yeah, this guy has long been advocating some kind of gold standard (or other kind of non-regulated money) but I think this is a first post from him that clearly advocates Bitcoin. Yippee!

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June 21, 2012, 05:15:27 PM
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Detlev Schlichter gave a good talk during the Prague Bitcoin conference. He has written about bitcoin before.

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June 21, 2012, 05:28:01 PM
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Is that Traktion from Housepricecrash?

You're the reason that I found out about Bitcoin!
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June 21, 2012, 05:29:17 PM
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Detlev Schlichter gave a good talk during the Prague Bitcoin conference. He has written about bitcoin before.

Oops, I have missed it then. I remember reading blog posts from this guy, but before I have only noticed very minor mentions about bitcoin.

Now I found this, from last summer, so I was wrong: http://papermoneycollapse.com/2011/06/bitcoin-gold-and-the-demise-of-fiat-money/

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June 21, 2012, 06:16:00 PM
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Is that Traktion from Housepricecrash?

You're the reason that I found out about Bitcoin!

Indeed it is - I'm glad to be of service! Smiley
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