Quote from: standardcrypto on August 25, 2013, 10:55:12 PM

I have thought a lot about CFIG in the context of what comes next for bitcoin, and posted a lengthy analysis at our company blog:

Excellent post. You have actually consolidated and verbalized many thoughts that are floating around out there. Your prose was easy to read and showed a great deal of thought and attention into how an entity like CFIG could operate in today's environment.

While no one can accurately predict the future, I sincerely think that we are still in the early days of crypto. It shares many of the same features as the early days of the Internet. In my mind, bitcoin going to ASIC is like users going from dial up to early DSL. Crypto currency is the next level up technology that our world needs. Built upon the foundations of the Internet, governed by none, crypto currency will be the nexus of commerce for years to come.

Crypto currency will, in short order, be adopted by the global community. It's adoption will share many of the same traits and properties as the Internet growth had experienced. Unlike the Internet growth cycle, this technology can present a real opportunity for those that have the foresight, wit and fortitude to venture into an uncertain future. The Internet growth cycle was largely hamstrung by industrial giants and they pick and chose who the lucky "dot com" winners would be. Here, commerce can be made directly between individuals and even companies without any middleman. This is what the Internet was built for. This is what the people everywhere needs.

Until this invention, there has not been any currency in all of human history that allowed a person anywhere on the planet to freely conduct a transaction with another. Where the Internet provides the freedom of speech to everyone; crypto currency provides freedom of action.

This is the first real 21st century invention that has the greatest potential of freeing all of us from the shackles of the Industrial Age and the evils of industrial war. This invention has the greatest chance to propel humankind into the next Age.

My only hope will be that this here nascent community will be enlightened enough to support it's development and to resist the terrors of the industrial overlords and its tactics.