Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will *not* attack/fight/etc central banking and fiat currency
by
lolstate
on 29/12/2013, 12:59:40 UTC
> My point again was if you say bitcoin is intended as a weapon to damage central banks like Paul Krugman did, then you are using loaded words to appeal to people's ideology and preconceived belief system

Whether Satoshi sat down to create an explicity weaponised technology is up for debate. You can’t deny, though, that Bitcoin is an implicitly weaponised system - its successful uptake will damage central banking, possibly fatally. The Krugmans of the world recognise this, imo. Recently, there was a video interview with Kruggers on Bloomberg or CNBC when he actually sounded as though he was in despair when forced to acknowledge that Bitcoin had not yet died. I think he said something about ‘we’ (refering to him and his cronies) not understanding why ‘it’ (refering to bitcoin) was still around when his theories don’t allow for it.

I read his latest NYT piece as a lame attempt at one of the first shots across our bow. They are starting to adopt the ‘then they fight you’ mode.   Cool