Quote from: eMansipater on April 06, 2011, 10:03:15 PM

Quote from: Blitzboom on April 06, 2011, 07:48:04 PM

Quote from: Atlas on April 06, 2011, 07:47:06 PM

Call me a dreamer but I would like Bitcoin to demonstrate anarcho-capitalism. You know, without government involvement?

Keep dreaming.

I totally agree with S3052.

+1

BitCoin is protocol, not a political philosophy. The latter can be your reason for supporting the former, but don't confuse them.

I agree that we need a trustworthy established forex. If a large institution doesn't throw its weight behind bitcoin, all it'll ever be is a highly volatile currency used by a few thousand computer geeks with fringe political leanings. There's no way I can convince my local coffee shop to start using bitcoin if they're totally dependent on small operations like CoinPal to convert their btc earnings to usd (and, as much as we'd like them to keep their btc as btc, they will want to do this). The same goes for operations like MyBitcoin. Maybe we totally trust these organizations, but the view from the outside is much different ("you want me to wire my money all over the world, then convert it on mtgox, then store it in mybitwhat? No thanks, I'll use paypal.").