Quote from: cypherdoc on June 30, 2015, 06:56:06 PM

Quote from: tvbcof on June 30, 2015, 06:48:08 PM

Quote from: cypherdoc on June 30, 2015, 06:03:16 PM

Quote from: tvbcof on June 30, 2015, 05:58:44 PM

The only technically knowledgeable people who support this inane system design do so because they see clearly that it will consolidate the infrastructure into a form that is as easily controlled as fiat money is currently. To many many people, this consolidation of control is a good thing. Most people love Big Brother whether they realize it or not and have the reflexes trained to support him.

this is precisely why we disagree on everything. i believe that the internet can allow the ppl to take back control of their money as it should be. don't forget that central banks are still a relatively new concept in the modern age. with that, i mean, going back 100 yrs or so.

maybe it's naive, maybe not. but it certainly is worth the effort and risk to try. which is why i support lifting the block limit just to see what happens. i believe we will cope.

Ever hear of Edward Snowden?

actually, i have. and he is precisely one of the reasons i think we're winning.

the NSA and 5 Eyes, i believe, are going to lose in the long run precisely b/c Snowden's leak shows they can't secure data. everyone knows this now which is why Google and Apple have started encrypting as default, much to the chagrin of the gvt. and this is happening all over the internet.

furthermore, with 21 Inc on the verge of releasing mini Asic chips that power devices, the chances for mass decentralization of Bitcoin goes up. also, the Internet has never had it's own monetary system or means of conveniently and cheaply paying one another in realtime. Bitcoin, for the first time in history, can provide that.

You apparently lack an economics education on the concept of an undersupplied public good, i.e. free-of-speech doesn't guarantee that participants will act unselfishly to avert catastrophic outcomes.