Quote from: CoinCube on April 23, 2014, 12:24:54 AM

Quote from: AnonyMint on April 21, 2014, 09:12:52 PM

Why we need anonymity.

http://armstrongeconomics.com/2014/04/21/how-your-cell-phone-threatens-your-liberty/

Quote from: Armstrong

We have to realize the tremendous risk that technology has brought. People once could just hop on a plane and leave with a suitcase full of gold to start over in a new land. Those days are long gone.

I am surprised that Armstrong seems to have not paid any attention to cryptocurrency.
In theory cryptocurrency can restore the ability to hop on a plane and take all your wealth with you.

However, to achieve this the link between a particular cryptocurrency account a particular individual must be severed.

He thinks the powers-that-be can shut it down at any time with their control over the internet and their ability to regulate the exchanges.

I've tried to email and explain that decentralization, anonymity, and other technologies (in an improved altcoin that is not Bitoin) might be able to overcome. He has not responded on those points.

I expect his unspoken stance is that:

Show me, don't talk.
It won't gain enough scale fast enough to make a difference
Substantive solutions will always be collectivized

I think it is our challenge to prove there is a new Knowledge Age paradigm. I understand his skepticism.

Also I think he is very concerned about the chaos that is going to hit the world, regardless of any such crypto-currency.

I hope he will admit that rescuing some of private capital is better than let it all be destroyed.