Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 08/06/2015, 17:40:10 UTC
interesting quote from the Chinese mine:

"Their verdict was: "Absolutely nothing to see. The local Tibetans make sure everything is overpriced.""

point being, all the devs who look down on the masses as stupid & irrational as justification for authoritarian practices regarding decisions in Bitcoin are severely underestimating the power of money to motivate ppl to understand the economics of value transaction.  i see this everywhere in the Bitcoin community and it's an attitude that will cost those who employ that attitude in many ways more than just in their pocketbooks.

http://www.coindesk.com/my-life-inside-a-remote-chinese-bitcoin-mine/

Good. These things are not necessary for bitcoin proliferation: Education, economic or otherwise, gigabit internet, high end phones, savings. It is not those things that have kept the people of North Korea, Eritrea, Venezuela or Haiti back, it is nonfreedom, or governments. The only thing that is necessary for people to flourish, is hunger, or swung positively, lust for life.



and it will be those ppl who will most resist gvt censorship of Bitcoin.  but only if they are given a chance to use it reliably & cheaply.  we should all want to give it to them, not out of altruism, but out of our own greed; as in greater security of our coins and in creating digital gold.