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Re: rpietila Wall Observer - the Quality TA Thread ;)
by
rpietila
on 04/11/2014, 02:14:33 UTC

TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

None of this shocks me.  I guess the only thing that I may have been a little deluded by is that Bitcoin was created by a single entity and was completely peer to peer. I like to imagine Satoshi as a benevolent person that has kindhearted motives of helping humanity break free from the bondage of the world's banking systems.  But of course, that would be too simple. Wink

As a Christian I believe a "one world currency" will of course take over all currencies at some point and then all of humanity will then need to be controlled somehow (for taxes, or theft prevention and security) so the introduction of a mark on our hands or foreheads is going to be mandated to buy and sell.   To me it is just a matter of time until this happens.  Who is in charge of mandating this becomes the tricky question.   Undecided  Also, as a Christian I am put into the position of paying the price for not "conforming."  It will get ugly very fast.  

In the forefront of the defence against those developments: Monero (XMR). Total emission 18M vs. Bitcoin's 21M. Price: 0.0017 BTC. Hedging your position with an equal or higher amount of Monero has seldom been this cheap  Smiley