“It’s not impossible to attack Bitcoin, but the effort to do so isn’t trivial. Plus, there are ten thousand bright, young, adaptive people working on the technology every day, and their numbers are rising. If these people adapt and cooperate, any attacks will have temporary effects. (Even a full shut-down of the Internet wouldn’t stop it for long, but I’ll leave that discussion for another time.) If the Chinese, and/or Indians, and/or Russians start using Bitcoin as a way around the dollar, the world will change, and quickly. And that’s looking more and more likely. These are interesting times. Those who break their stasis – who act and adapt – will not only thrive, but will find adventure and satisfaction along the way.”
Is Bitcoin Becoming the Anti-Dollar?
- Post author:The Freedom Watch Staff
- Post published:December 6, 2013
- Post category:Economy / END the FED / Network Archives / News / The Freedom Watch
Tags: Alternative/Independent News, Bankocracy, Bitcoin, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, Fugitive Tax-Slaves, Imperial Hubris, Investment/Trends, money, Resistance, sound money, The Freedom Watch
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network