The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
BITCOIN: How It Works, And Why It Could One Day Threaten Legacy Payments Tools Like Credit Cards Bitcoin is most often discussed as a volatile digital currency, beloved by some, derided by others. But where Bitcoin’s real value lies is as a payments technology that has the potential to revolutionize the legacy payments industry. Bitcoin …
Bitcoins, Tulips and Libertarians Charles J. Reid, Jr. Professor of Law, University of St. Thomas Huffington Post, 3 January 2014 What is it about the libertarian infatuation with bitcoins? Ron Paul announced in early December that the bitcoin could “destroy the dollar.” He seemed to be gloating. In Chile, a collection of “anarchists, libertarians, and …
Continue reading “Jean Lievens: Bitcoins, Tulips, & Libertarians”
Wall Street Analysts: Bitcoin Could Revolutionise the Non-Financial World Too Bitcoin technology has the potential to revolutionise the way we buy and sell property, enforce legal documents and even place bets, according to a new report from financial services and investment firm Wedbush Securities. The system of decentralized trust, meaning that there is no central authority, …
At the time of writing, Bitcoin has fallen from its $1000-plus value, but it’s still sitting high at just $100, or so, less. Because of the ruthless competition involved in Bitcoin mining, intrepid internet entrepreneurs have been moving over to the cheaper, though less competitive alternative, Litecoin. If the trend continues, Litecoin will soon mimic …
From citizentekk.com – June 13, 3:16 PM Commodity money was first—gold, precious metals, things considered inherently valuable. Next came political money—fiat currency, banknotes, things that had value because they were backed by governments and legal systems. Now there’s math-based money—money controlled only by protocols and algorithms. Harnessing and maximizing the power and potential of these …
Continue reading “Jean Lievens: Chris Larsen on The Future of Money and BitCoin”
Can Bitcoin Bring Down (What’s Left Of) the US Economy? Swarm Economy: Bitcoin represents a significant threat to the currency domination of the USA, which is the only thing propping up the nation’s status as a worldwide superpower. Following the USA’s defaulting on all its international loans on August 15, 1971, the US trade balance …
Continue reading “Rickard Falkvinge: Is Bitcoin a Threat to US National Security?”
#Bitcoin as a Publishing System: From Wikileaks to Pedophile Links Bitcoin is an open source software system. That means nobody owns it. Up until now, it’s been used as a decentralized currency system. Bitcoin makes it possible to make non-reversible decentralized transactions on a global scale. It’s visibility as a currency has been good for …
