Quote from: Hippie Tech on November 18, 2014, 01:10:34 AM

Quote from: Cortex7 on November 17, 2014, 08:06:44 PM

Quote from: vinda on November 16, 2014, 06:01:44 AM

good insight, but i think the gov would oppose it cause it is decentralized. they don't like this way.

The gov would love it because it IS centralized.

Fiat has to be centralized, do you really think a coin would work if in the wallet there was a button labelled "Mint Coin Now" you would trust all users to use the button with restraint? Cheesy

Some of us call that button, the right clicky thingy on your mouse. COPY + PASTE = crypto fiat shitcoin :/

Look at how the private/fiat banks got their start during the late 1700 and 1800s. Now look at our current state of crypto affairs.

Do you see a difference ? I don't.

http://www.youtube.com/watch?v=5IJeemTQ7Vk&list=UU7TvL4GlQyMBLlUsTrN_C4Q

https://www.google.ru/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB8QyCkwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DbE_1tCasi_Q&ei=Q91qVL6aJ4L7ywPusYLAAg&usg=AFQjCNEqJ4iow9v_WHg9mCS7jAcFlX7JrA&sig2=_POKcRy7KEi1FWJkBdLydQ&bvm=bv.79908130,d.bGQ