Very interesting concept!! - Bitcoins - Decentralized banking -
inflation, security, Taxing??
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i'm new to all this and i like it.
in my eyes the world banking system has created economic instability worldwide and by their actions are promting caos... and one comes to ask - where should i put my money, are the basic fundumentals of the banking system defeated, were banks not created to safegaurd our money? is it normal for the people to pay for the banks 'bad business'? - i consider that its un-acceptable for people to allow and continue to trust in a system which at-will taps into savings.
with that said i have my reservations about bitcoin concept. Will the governemnts and current banking system allow such a transistion to bitcoin. will they invest a lot of money and power to destroy it?
like i said i'm new here, i like it and i have decided to trust and endorse this movement with a nominal amount $ which i can live without.
Thats it for now!!
-G