See my prior post, I added to it.
CoinCube aren't you missing from your analysis that:
1. Knowledge Age can create anonymity, so it will.
2. Anonymity in theory enables the productive to keep it from being stolen (by tax, legislation, regulation, and confiscation) by the unproductive.
3. What other solution can you propose for the technologically unemployed who have misallocated their human capital (their years), because they were motivated to do so by the debt funded system (now IMF says debt is at 200 year high and I documented upthread that the global debt is $150 trillion) and it is too late for them to adjust?
4. What other solution can you propose for Europeans to hide their wealth from the coming IMF suggestion "financial repression" of confiscating money from Euro bank accounts? Sure they are busy buying land in the USA and else where to hide this money, but of course the G20 is planning to cooperate to track down all of this and confiscate it together (the formation of world governance).
As far as I can see, we only have two choices:
1. Anonymity and enable the technologically productive to cast away the dead weight.
2. The dead weight drags us down into an abyss Dark Age as the "99% target the 1%" and the socialism taxes and destroys everything that is productive.
The problem with Martin Armstrong's proposal of raising awareness and then the people rise up to stop the "99% target the 1%" (where the 1% becomes everybody in stages just see how every country fell into communism and/o fascism), is that the people are not employable. Oxford University predicts 47% of all existing jobs will be replaced within the coming 19 years.
People are accustomed to being entitled do not accept their fate for as long as they can vote for someone like Obama who promises them a solution.
We are headed into a war between the technologically productive and the dead weight. We can go anonymous so the dead weight can't interfere, then that unfettered free market can begin to devise new opportunities for the dead weight who are so motivated by their destitution. For example, online education will make radical advances.
http://thenextweb.com/dd/2012/10/21/so-you-want-to-be-a-programmer-huh-heres-25-ways-to-learn-online/#!t7iiN
http://www.marketoracle.co.uk/Article20857.html#comment92344http://armstrongeconomics.com/2014/01/24/education-waste-of-time-money/http://silverstockreport.com/2013/edumacation.html
A few links of the timing of the slide back down from the current deadcat bounce since 2008.
The global economy has turned and the flow is out of emerging markets into dollar and euro and the euro will crack when the IMF suggested 10% confiscation of all bank accounts begins probably this year (then the dollar will move to 118 by Sept 2015 when the strong dollar will strangle the US economy):
http://armstrongeconomics.com/2014/01/25/the-emerging-market-crisis/Interesting 14 minute audio on comparing Japan as a prologue to what is coming globally (note I wrote about China upthread a few posts back):
http://armstrongeconomics.com/2014/01/31/conversation-between-glen-downs-martin-armstrong/At the following link is a graphical chart of the timing of Armstrong's A.I. computer generated model:
http://armstrongeconomics.com/2014/01/24/europe-outlawing-short-selling-and-there-goes-britain/The following link talks about the coming attack on private property and production by this collapsing socialism:
http://armstrongeconomics.com/2014/01/24/electronic-money-coming-everywhere-sooner-than-you-think/In my archives on this site (click my name and show latest posts), I have explained the flaws in Bitcoin that cause me to believe it was planted by the NSA and is designed to condition the people to accept an electronic currency and Bitcoin can easily be taken over by the government. Since all the technologists will have all their profits in Bitcoin, then they will not agree to forsake Bitcoin as it slides away from decentralized to a corporate cartel and/or government fiat.
This is why we need an altcoin that does not have these flaws. And we needed it yesterday.