Milton Friedman predicting crypto-currency in 1999
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[url=http://www.youtube.com/watch?v=j2mdYX1nF_Y&feature=youtu.be#t=2m11s]http://www.youtube.com/watch?v=j2mdYX1nF_Y&feature=youtu.be#t=2m11s[/url]
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:)
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Wow. Nice one!
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Thanks for the link :)
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reliable e-cash :)
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Nice!
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Hell yes, go Milton! Great video, he called that one square on! Thanks for posting this.
~//~
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The battle has been started. Crypto or fiat? Governments at the present time use fiat. That is how they collect taxes
Milton was right and the ongoing war will be raging for some time.
Correct me if I am wrong, but it seems to me that as more people around the planet join in the battle. The governments around the world could get very defensive and impose some very strict rules.
Why? Because they like power and our wealth. It is going to be an interesting, long battle. At the present time,
we are only seeing some skirmishes. (China), for instance.
jmht
fkimbe -
[quote name=“StrangeAtoms” post=“46795” timestamp=“1387694532”]
Thanks for the link :)
[/quote]
I see what you did there… :D -
First, Merry Christmas and Happy Holidays to all.
Just as I had pointed out in my earlier post, the regulators are getting nervous.[url=http://www.coindesk.com/reserve-bank-india-issues-virtual-currency-warning/]http://www.coindesk.com/reserve-bank-india-issues-virtual-currency-warning/[/url]
The above from CoinDesk. This article will likely be among many going forward.
They just don’t know what to do with us yet. I think they hoped we would implode. Ha
fkimbe -
oops
Another blow to BitCoin: [url=http://www.coindesk.com/indian-authorities-swoop-buysellbitco/]http://www.coindesk.com/indian-authorities-swoop-buysellbitco/[/url]BitCoin is out in front. Taking the heavy hits. Sure it hurts alt coins, but they are not yet in the limelight.
Someone help me here:
First they deny it
Then they call it illegal
Then the authorities try fear and even arrests
Finally they adopt and embrace it.
Not likely the order listed, but I can hope that we are closer to the end, than the beginning.
fkimbe