Quote from: bravehearth0319 on March 22, 2017, 02:55:45 PM

Quote from: deisik on June 09, 2016, 10:16:58 AM

Quote from: hermanhs09 on June 09, 2016, 10:09:45 AM

Quote from: deisik on June 09, 2016, 10:05:27 AM

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

But as of now Bitcoin can hardly be called a truly "good" money since its creation is as centralized as any of fiats. There are a few dozen fiat monies out there, and as many central banks that create money. There is one Bitcoin, and a few dozen mining pools (or just a few, lol) out there as well...

So what's the real difference in this regard?

I really do agreed that the bitcoin mining was being form as centralized and we all knew that bitcoin in all angles are very much better than fiat currency, and bitcoin was unregulated industry unlike money that created by any central banks on which things are centralized.

This bitcoin differs from the rest of the currency. And because of this he has such a value and popularity. It is a revolution in the world of currency. But the government does not agree with this.