The death of banks – and the future of money

[nevafuse]

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/

[1715317688]

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[Paul Troon]

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

[nevafuse]

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.

[loshia]

10X!
The article worth it:)

[Handler]

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.

[nevafuse]

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).

[SheldonCooper]

Great article. The main problem is the dollar monopoly and the dollar have no gold standard.

[bighecks]

I would be using monopoly money in  the future and money out of candy.