Post
Topic
Board Bitcoin Discussion
Re: Apple CEO Tim Cook: “Your kids will not know what money is”
by
virtualx
on 08/12/2015, 18:02:35 UTC
http://dcebrief.com/apple-ceo-tim-cook-your-kids-will-not-know-what-money-is/

Of course he means paper money, as physical cash, coins and bills. If you know how to interpret things, you can already see where we are headed, and that's a world were there is no way to hide your money from a massive surveillance state. Bitcoin is our only hope at having an alternative economy that it's outside any goverment. The network is already robust enough to survive terrible attacks, nothing has worked against it thus far, not even trying to disrupt it from within, but we need to keep making it better, better obfuscation features as well.
I don't expect anything good from mega corporations like Apple and so on, so Bitcoin is our chance for an open source way out of that Orwellian nightmare.

I think Tim Cook is not informed about Bitcoin. Our kids will know paper wallets that contains millions of satoshis.  Other paper wallets will continue to exist.  I also don't know if such predictions can be taken seriously, when the current financial system is debt based with trillions of dollars of debt.