Quote from: traincarswreck on March 15, 2017, 07:11:28 PM

Quote from: Carlton Banks on March 15, 2017, 07:00:55 PM

When will the banks begin to use it?

This seems like a strange view of reality, regardless of who said it and how astute their observations about money are. The banks and their media cronies have been publicly deriding Bitcoin for a long time, and trying to ape it with their hilarious proprietary "blockchain" tech.

I can't understand how you can miss this, after reading ANY of this thread. I said many times, its a finger trap. And if you read any of the quotes by Nash you MUST have read him say that this new standard is going to take the power from the banks to arbitrarily print money.

They don't want it, but they will use it. They will react to it. They will be slaves to it. At first it will be bitcoin itself, but as we approach stable money it will be the concept of stability they will be forced to adhere to my market sentiments first and then peoples understanding of stable money.

Basically market forces will ensure people either move to the more ideal money or lose their market share in their business as money transmitters. That is the theory, in practice we know they will go down fighting and lobby against it, but in the end market forces come through. Its manufacturing vs organic.