Quote from: KingScorpio on January 28, 2019, 02:39:01 AM

Quote from: Broly46 on January 25, 2019, 10:36:11 AM

Tldr

creating a bank account = submission over the rule of the banks owners and founders

using a bitcoin wallet = submission over the rule of the bitcoin whales, bitcoin miners, its founders and the cryptomedia owners.

its actually not different at all. its basically the same crap both of them.

with "our money" or "our financial system" they mean the founders not the generation they want to scam.

It's no doubt we are after a human being who depend on symbiosis relationship to survive the other day, to survive we need to extract any values from the other folk, and money become a good medium to transfer value from you to me, but once the values are completely extracted like what we have today that 99% of money belong to the richest, or equally to 99% of all your value are extracted, force to survive with 1% value for the rest of the life, it's when symbiosis relation become inequality, it become a predatory relationship, and revolution will be followed to destroy that predatory relationship between human being. And I believe bitcoin are the key to the revolution.

Quote from: horse606 on January 28, 2019, 05:24:05 AM

I guess people in Venezuela have enough time to learn how to create a bitcoin account.
On the contrast, people who live in countries with a stable financial system will take a very long time to realize that using bitcoin is important.

I have no idea the situation in the Venezuela, but I believe very few of them are tech savvy too.

Quote from: qiwoman2 on January 28, 2019, 06:23:27 AM

FIAT currency and the current banking system is pretty obsolete but because the Banks and Governments, Big corporations and Whales have the clout and money, they are able to control and influence us in more ways than we can ever imagine. Like for example on the TV and in other media outlets, you will get a ton of banks advertisign their services but you won't get your JOE BLOGS watchign an ad about a Bitcoin wallet on prime time TV. People ar elike sheep they follow what they are told and pursuasive advertising is there to brainwash people into stickign with the status quo and only finding acceptable what they are being presented with by these very powerful bodies. The Banks are not just going to walk away from day trading our money and making billions from it. Roll Eyes

Rent seeking behavior has been practiced since the beginning of the civilization. It is no doubt the bank play a major role in making it a success. I have always think about one article from the other author, it is describing as the bitcoin success will lead us into the negative economy growth, the medieval age, and even fear mongering of the collapse of economy will lead us back to cowboy age, and followed by a number of terrifying stats about the life of the cowboy age, Im wondering if the economy are usually driven by technology innovation, could bitcoin and its mining rigs, products not consider to be a tech that could contribute to the economy?