Post
Topic
Board Bitcoin Discussion
Re: China, Norway, Switzerland economies to take an Epic beating
by
TheFootMan
on 16/12/2013, 17:33:21 UTC
I guess you are just spreading fud but then again its not fud about bitcoin so it's ok  Roll Eyes
Btw the photo is photoshopped or real?

the economies are not going be receiving all the extra capital created by Crypto's plus many other tangible benefits like superfast seamless global transactions, proper wealth redistribution, elimination of money printing, other negative effects will be psychological imagine thinking your government is so dumb they cannot or will not try to comprehend crypto's, this can have very destabilizing effects an all assets classes as well as causing capital flight, which would be the penultimate effect

http://en.wikipedia.org/wiki/Capital_flight

Well, in norway, data is still distributed to doctors on floppy discs.

They planned to build a secure 'health-net' to facilitate 'safe' exchange of information between different units. The probably never heard about strong crypto and locking down end devices, using the existing internet.. But the secure 'health-net' was too expensive for many doctors to get entry to, so then to deliver information 'safely', floppy discs are used.

Also, the voting system is all on paper and manual procedures. Not to mention that nearly all state IT-projects are complete disasters in terms of results and spending. But there is some light in the end of the tunnel, a lot of things that you need to do as a citizen you can now do online whereas before you had to snailmail schemes.

But forward thinking is not what the Norwegian state is famous for. Change is slow in Norway. If anything it is private companies that leads the development regarding new technologies.