Re: Clearing the FUD around segwit

Quote from: franky1 on April 05, 2016, 09:09:07 AM

Quote from: gmaxwell on April 05, 2016, 09:02:11 AM

If third parties make decisions to take away your funds, then Bitcoin isn't money. I find it amusing that you call avoiding that, "centrally controlled".

money is centrally controlled.. sorry but thats the truth.

bitcoin is not money.. its an asset..

Yes.

Paul C. Martin:

Private property as de iure institution needs a foregoing state to come into existence. The state needs foregoing power and foregoing power needs armed force. The ultimate foundation of the economy thus is the weapon, where possession and property are identical because the possession of it guarantees property of it. Armed force starts additional production (surplus, tribute). The first taxes are contributions of material for the production of attack weapons (copper, tin). Thus non-circulating money begins. Taxes as census and money are the same.

http://www.miprox.de/Wirtschaft_allgemein/Martin-Symp.pdf