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Author Topic: The death of banks – and the future of money  (Read 616 times)
nevafuse (OP)
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June 26, 2012, 06:51:29 PM
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Really good article about money with specific mention of bitcoin.

http://www.goldmadesimplenews.com/gold/the-death-of-banks-%E2%80%93-and-the-future-of-money-7177/

The only reason to limit the block size is to subsidize non-Bitcoin currencies
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Paul Troon
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June 26, 2012, 08:23:26 PM
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Really good article about money with specific mention of bitcoin.

http://www.goldmadesimplenews.com/gold/the-death-of-banks-%E2%80%93-and-the-future-of-money-7177/

Yes - excellent article.  However the link you gave should have given credit to the author, Detlev Schlichter.  See the original post here:
  2012-06-20 Detlev Schlichter: The Death of Banks and the Future of Money

Bitrated user: paultroon.
nevafuse (OP)
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June 26, 2012, 08:35:09 PM
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Ah, didn't realize it wasn't the source.  Figured it was too good to be true that I beat everyone to the punch on a 6 day old article.

The only reason to limit the block size is to subsidize non-Bitcoin currencies
loshia
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June 27, 2012, 12:21:22 PM
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10X!
The article worth it:)

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
Handler
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June 27, 2012, 12:38:26 PM
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Good article, but I get the feeling he's glorifying bitcoin a tad... Not that I disagree, but if people think he has an agenda they will be very sceptic to what he's saying.
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June 27, 2012, 02:58:00 PM
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I don't think bitcoins were really the point of the article.  Bitcoins just happen to be the most popular solution.  His only agenda is that he wants to remove governments from money.  Other options prior to bitcoin have just been too risky & expensive.  And there aren't exactly many real, popular competitors to bitcoin right now (think cocacola & pepsi).

The only reason to limit the block size is to subsidize non-Bitcoin currencies
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June 27, 2012, 10:56:29 PM
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Great article. The main problem is the dollar monopoly and the dollar have no gold standard.
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June 28, 2012, 12:17:00 AM
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I would be using monopoly money in  the future and money out of candy.
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