Is Bitcoin and other crypto currency the start of a one world currency?

[EYES WIDE OPEN]

Nobody really knows who the guy is who invented it.
I wonder if this is the perfect way to introduce a currency that otherwise would be opposed?
I have some crypto-currency and think about this often. However, banks are not involved with crypto-currency so who knows really?

[blufire]

Nobody really knows who the guy is who invented it.
I wonder if this is the perfect way to introduce a currency that otherwise would be opposed?
I have some crypto-currency and think about this often. However, banks are not involved with crypto-currency so who knows really?

I would bet the farm on this observation.

There is NO doubt in my mind this is conditioning at its best . . . and I stated this on PA months ago when the bitcoin furor began.

[EYES WIDE OPEN]

Time will tell but I am not convinced. Just wanted some other views.

[halffull]

I think Bitcoin is a way of starting a cashless society, well one of them anyway

[indigopete]

I think Bitcoin is a way of starting a cashless society

Actually, Bitcoin is the only defence *against* a cashless society IMO (since Bitcoin is basically cash).

When people talk about a "cashless society", they basically mean a society which deals exclusively in credit money as opposed to "base money". (In government speak, that's M3 money supply as opposed to M0).

Bitcoin is most definitely M0 (base) money which dismisses the critisiscm that it could herald a cashless society. The fact that it's electronic is neither here nor there - paper cash could equally be described as "cashless" since it's a proxy for real assets such as gold.

Also, the categorical answer to the OP is *no* I'm, pleased to say :)

I can't be bothered explaining why all over again, but please see my other post here (http://projectavalon.net/forum4/showthread.php?65935-Bitcoin-passes-1000-mark-Keiser-Report-Bitcoin-is-Beautiful--E526-&p=764712&viewfull=1#post764712) which is a bit more in depth.

[Tesseract]

What has me amused is that if the government had introduced bitcoin, the alternative media would have been absolutely enraged by the idea.

[Praxis]

Bit coin represent the next step in Fiat currency which imho is a good thing. basically bit coins are created when a problem is solved and others verify the unique solution to the problem(bitchain). The bit coin can be traced by would require quantum computing to trace who is giving to who. We could all see transactions just not the people doing them unless you have a ton of computing power, at least the way I understand it.

What is the problem. Prime factorization. The number of coins in circulation is limited by our computing power and ability to check the solutions to the prolbme, which are then fed into a hash function which encyrpts it so it can not be counterfeited.

If you are arguing against it because it is not traditional cash, the banksters have you. Consider, the recent tehfts of coins from people. This is a really great thing. Because if one person can steal a bitcoin and there is NO WAY of getting it back without physically getting the hard drive it is on, then it represents the purest form of anonymity in currency. Then we just need a safer way to store them.

THis shift in thinking to a new form of currency backed by our problems. Bit coin represents a quantitative problem to set a baseline currency that will always be, until we dont need money. Some are worried this is social programming. It is. And im grateful for it. We just have to direct the energy towards a positive inclusive outcome.(which is the opposite of what the other is striving for). This shift of thinking to a problem backed fiat currency will finally wrest control from the bankers. The next step after bitcoin, would be qualitative problems. So a currency based on hunger. One hunger coin is created when one human can be said to have food for now and a sustainable future based on their own input work or something like that. This is a much harder problem to determine what constitutes coin creation, but that is for future generations to wrestle with after we deal with our current ridiculous problems.


Guess what the status quo sucks and we should not go backwards, let go of previous concepts. Our ultimate goal is the gift economy that Charles Eisenstein discusses here http://sacred-economics.com/

[RMorgan]

What has me amused is that if the government had introduced bitcoin, the alternative media would have been absolutely enraged by the idea.

Good point...It wouldn't have achieved its current success if it was introduced by any official entity.

However, if the government had found a way to create it anonymously, disguising it as the ultimate libertarian wet dream, it could work, though...

Ooops...Does anybody in the world knows who created bitcoin?

[Anchor]

It doesn't matter who created bitcoin.

What matters is the maths works.

So far, the maths make it impossible to forge bitcoin or create any outside the initial methods set out for the currencies creation.

It is a clever idea. The design is totally open - no secrets.

The main methods of manipulation have been set out already on this forum - and that is that there are a few people sitting on a large piles of bitcoin - so these people have a lot of power in the overall scheme of things if there is ever a global bitcoin based economy.

[Carmody]

There is going to be a one world government, that is inevitable, on all fronts. Who puts it together for who, who runs it, and what they do with it..is a question, but I do not fundamentally disagree on the base idea.

A fractured world is not going to be greeting alien life, venturing into the solar system and well beyond, having anti-gravity, dimensional shifting, over unity (free energy), any time soon. Not until it has a functional world government.

So either shape up and take charge and control from the goons, and get it done...or they'll do it for you. Like they are right now.

One cannot sugar coat this. Regionalism, nationalism, and so on, is dead. You can go forward, or fall back into decaying regional squabbles.

There will be no holding the line, unless it is a clear and open minded line, one that takes charge of this situation.

[vilcabamba]

I think introducing Bitcoin was a sneaky way to get us to move into digital currency. Problem - reaction - solution.
Problem is the declining dollar..reaction is us moving into other forms of currency..solution is Bitcoin.

[Arc]

I think there is some healthy skepticism with bitcoin and that is a good thing. I was very wary of it a few years ago, but now I tend to subscribe to the Clif High and Max Keiser views about it, that in fact it is an innovation that will help us kill the central banking system. I would encourage folks to go listen to Clif High's recent Red Ice and Veritas interview where he discusses it, as well as his recent wujos.

The key features that I think make it a positive innovation are:

1) it is decentralized/peer-to-peer - not controlled by authorities, but by truly free market
2) open source code - nothing to hide
3) finite amount can ever be created/mined (21 million)- makes it deflationary (appreciates in value), meaning endless amounts can't be generated like the dollar
4) divisble down to .00000001 fraction of a bitcoin to make it practical in conjunction with #3 above
5) can be traded without third party (fees) - can send money to anyone in world without a bank, or a long delay

If it becomes a one world currency, is that necessarily bad thing? No. A "one world" currency is not a bad thing so much as a "one world currency, that is controlled by a small group of psychopaths" that is what would make it a bad thing. Imagine for example, a "one world" communication network, such as the internet - that is not a bad thing by itself. "One world -" is only bad when it is compined with "centrally controlled". When something is peer-to-peer, the power is reserved for the people and the free market collective.

[Maunagarjana]

I agree with, Arc. Listen to what Clif High has to say.

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https://www.youtube.com/user/ehyeshua/videos
^^^
This link here is a youtube channel that archives his wujos. He's been very focused on Bitcoin lately.

I know he's not all knowing, but he's thought about this topic a lot deeper than most, from what I've observed. He seems to be involved in discussions online with people very knowledgeable also who have probably analyzed this to death. If there was some stealth tyrannical agenda behind it, he would be blaring it from the rooftops. Instead he's saying, "Bitcoin is the way! Buy now!" Maybe so, maybe not. Maybe Bitcoin will be eclipsed by competitor crypto-currencies. And maybe the globalist bankers will just create a copycat of Bitcoin that *is* actually intended to be what people here are fearing Bitcoin may be, and then force it on us somehow. Then maybe we'll be wishing we had championed Bitcoin, perhaps.

[Positive Vibe Merchant]

if it were a government initiative (ie. problem reaction solution) would they be trying to shut it down?

[Arc]

Here is a recent clip of Alex Jones interviewing Max Keiser about his perspective on bitcoin that I think is of interest for this thread.

It seems like Alex is skeptical, but open minded about it, and is still in the process of trying to figure it out.

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