Quote from: Mylon on December 13, 2013, 01:49:14 AM

Quote from: lysanderspooner on December 12, 2013, 06:08:53 AM

I don't have faith in Bitcoin anymore because it's a fraud. No I'm not a Troll, I gave it a chance. I think it's a scam to bring in a new one world currency. The Fed Reserve wants this. JP Morgan Chase wants this. The tyrants of Wallstreet want this. China wants this. Can this not be any clearer? Even the so called "Bitcoin Foundation" are kissing the boots of the illegitimate government to regulate it and use it for their needs...The coverage has been everywhere on this despite other topics of greater concern are ignored. So this stinks to high hell and I'm done for the most part. I think other elements of survival in this Brave New World are more reassuring like metal, ammo, and etc.

They always ignore topics of great concern in the media, nothing new there, nothing bitcoin can really do about that either short term.
It also really depends on what you want Bitcoin to be, were the money of the future is to broad for me. I see it more as the transition currency, just enough tricks in its bag to keep government happy enough to not enforce it to be changed. (they can trace all the money, however they don't control it) And since this is a crypto currency, its going to be real easy to trade for other crypto currencies. Meaning the currency where they can't even trace your money anymore, can be right around the corner. However, if it pops up before we got the government hooked on bitcoin... it might turn badly. The moment governments are hooked, we'll reach the point of no return. (were they can't really go back to fiat anymore, as no-one would accept it) Then you can spawn a full anonymous currency, and there will be nothing they can do to stop it. So bitcoin is very important.

All the other elements of survival you would need anyway

As far as money goes, its smart to diversify. If the end of the world hits, and you happen to meet a nerd in a bunker, you'll be happy you brought bitcoins and not just only gold

I'm intrigued - what are two nerds going to do with their bitcoins in a bunker, play bitcoin chess?

I think I'd rather have a tin of beans stockpiled (unfortunate for everyone else) than bitcoins. Bitcoins would stop working anyway because the Interweb would be down Wink