Post
Topic
Board Project Development
Re: The Bitcoin Manifesto
by
Jered Kenna (TradeHill)
on 11/04/2011, 12:53:30 UTC
We're talking about some powerful groups that would be losing a lot of money.

More like they just don't wanna invest in the idea. If I were Goldman Sach, I would invest in bitcoin for a chance of several thousand percent in return.

"Invest" is the kind of word that the flow capitalism uses. We, as hackers, know, that it's possible to create complex software even without any outside investment at all.

Now, what Bitcoin needs to show the world, is that there are alternatives in hoarding capital and creating megaprojects with huge investments. Centralized investments lead to centralized projects which lead to centralized management (and often incompetent, as in the case of Fukushima).

just my 2 bitcoin-cents


You still invest, its just your own time and labor.

Or money, I'm sure a lot of people are putting personal money in to it and paying to have things developed etc.
It's just not a company or government dumping huge amounts in to it.