Post
Topic
Board Bitcoin Discussion
Re: Here’s How I Would Bring Down Bitcoin
by
Blind Legs Parker
on 23/02/2016, 18:10:50 UTC
.... the people in this thread wow..

So you think a multi TRILLION.. 100's.. of Trillions.. perhaps even quadrillion dollar organizations wouldn't attack the first threat to them in over 100 years...

... honestly....
According to this research, the world's total wealth is $241 trillion. Phail.

I didn't understand the rest of your post, by the way. What does it mean "the first threat to them in over 100 years"?

What form of money has been a thread to the FED since 1913. None.


Well there's gold...
Has it destroyed printing plates like it could have? No. Instead it's co-existing together with fiat currencies. I don't think bitcoin really has much more power to destroy printing plates than gold did (to start with it doesn't even have as much power to do anything as gold  Roll Eyes). More likely bitcoin will co-exist with fiat currencies for a good while. And I mean a good while. That is, until people are no longer afraid to stand for themselves.And also it will take average people to accept going through the hassle of memorizing complicated passwords and seeds, just to do something that they think can already be done with fiat paper. We have a long way to go before bitcoin becomes a real threat for fiat currencies.