Post
Topic
Board Economics
Re: Everyone Who Believes In Bitcoin Should Try To Answer This Question
by
beefcoin
on 14/01/2014, 03:59:38 UTC


Bitcoin is decentralised and no third party is required.  Therefore, banks/surveillance/government are not able to impede Bitcoin transactions.
Not true - not "can able"- they do not want. As well as do not hinder circulation of money in the game "Linage" or chips in "Zynga Poker".
How many burgers you can buy Zynga- poker chips from? Zero.

Bitcoin cannot be seized.  Bitcoin has no physical presence and cannot be physically seized unless someone is able to compel you to disclose your private key.  Contrast gold and money, which can be physically seized if the government was so inclined.
Seriously? Tomorrow will close all exchanges and your Bitcoins become as Zynga-poker chips  or coins from Linage.

Bitcoin is pervasive.  Where these is internet, there is Bitcoin.
As well as game Linage . Wink