Post
Topic
Board Bitcoin Discussion
Re: Elizabeth T. Ploshay for Bitcoin Foundation board
by
cypherdoc
on 15/09/2013, 21:38:26 UTC

*Snip*


you seem to understand her way better than most ppl around here.  certainly me.

perhaps you can then explain the meaning of her closing statement:  "The clock is ticking and we do not have much time until Bitcoin is compromised" ?

I doubt that's true. You have a good grasp on what's happening here. Far better than I do or really even care to. I, like many here, am out for my own self interest (increasing the value of Bitcoins by increasing the user-base). That always coincides with what's best for Bitcoin locally (USA). I think it's easy to see by watching press hits and following the different Bitcoin forums that the US is poised to take a possibly hard line stance on Bitcoin (virtual currencies or whatever the current jargon is). Not claiming to speak for anyone, I would assume that statement means she sees that the inevitable government involvement will be negative and that Bitcoin can be compromised by the actions of government. Something can be compromised in many different ways. Unwieldy government legislation and strict rules imposed can and will bleed through to US friendly nations where agreements are made to cooperate. Many other nations will follow suit if the US sets a course in behavior. Will this stop Bitcoin - definitely not. Will it keep me from using it - definitely not. Will it compromise my ability to use it - absolutely. I have said before that I don't like the idea of getting into bed with government but I can see the logic of opening a dialog that allows an even tempered response from the largest financially forceful government on the globe.

Nothing wrong with that. I'm all for raw unadulterated greed. We may have more in common than you think.

However when it comes to Elizabeth, I think that gaff comes more from her tendency to perseverate, ie, the inability to stop talking for more than 0.5 seconds. You know, those people whose mouths are running faster than they can think.

Its either that or she really doesn't know wtf she's talking about.