On Tue, Oct 17, 2017 at 10:12:10AM +1100, Zenaan Harkness wrote:
On Mon, Oct 16, 2017 at 03:20:56PM -0500, \0xDynamite wrote:
I think Bitcoin does not understand bitcoin.
UNDERSTAND THIS:
Expressing your opinion is the ultimate unit of work in the virtual world. Distribute bitcoins on this basis. That devalues them, yes, but then you don't have to expend 100kW of energy to produce them, maybe call them nanobits.
Then allow them to be traded freely as a neutral currency for the net. After this gets established, ONLY THEN can you really set a EXCHANGE RATE for bitcoin with physical dolllars -- because you've tied and anchored it to REAL WORLD VALUES.
Nice in theory, but no, any Cabal coin can be tied to physical stuff no problems, thus creating an actual Cabal-controlled (± thus manipulated) value for their particular central coin.
Putin intends to launch, public statement “if you can't beat ’em, join ’em”: Crypto-Rouble: Russia to launch first state sanctioned cryptocurrency in the world http://theduran.com/russia-launch-first-state-sanctioned-cryptocurrency-worl...