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Topic: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster (Read 1170 times)

virtualmaster (OP)

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AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:16:43 PM

Governments must co-opt bitcoin or face financial disaster:
http://www.americanbanker.com/bankthink/governments-must-co-opt-bitcoin-to-avert-disaster-1058380-1.html?zkPrintable=1&nopagination=1
It compares bitcoin with World War I. They fear it already so much ?

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Hei_

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:17:40 PM

bull-shit

herzmeister

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:20:11 PM

so awesome Cheesy

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB

Hei_

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:24:38 PM

yes they think kim jong un is satoshi!!!!

cypherdoc

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:25:55 PM

wow. can you feel the desperation?

and the lack of knowledge and understanding, not to mention the contradictions, permeated this article deeply.

Bitcoin CLEARLY has them on the run.

BTC Books

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 06:26:33 PM

Wow. That guy is a total asshat. Probably angling for a job at a bank...

Dankedan: price seems low, time to sell I think...

benjamindees

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 07:41:00 PM

Quote

adjust assistant professor in the Department of Electrical Engineering and Computer Science

Quote

Bitcoin will reign, suck in an enormous amount of wealth, and eventually implode

This person doesn't seem qualified to make these kind of un-backed assertions.

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superduh

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 17, 2013, 10:03:57 PM

digitized national currency? paypal? facebook credits? i dont think he even understands what he is saying

drrussellshane

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 18, 2013, 12:14:03 AM

Quote from: Hei_ on April 17, 2013, 06:24:38 PM

yes they think kim jong un is satoshi!!!!

Wouldn't that be a hoot if he was?

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virtualmaster (OP)

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 18, 2013, 08:23:57 AM

#10

If Cyprus started the I Bitcoin World War will Argentina start the II Bitcoin World War ?
http://www.bloomberg.com/news/2013-04-16/bitcoin-dreams-endure-to-savers-crushed-by-cpi-argentina-credit.html

matonis

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 18, 2013, 08:26:12 AM

#11

Author is also affiliated with BitMint: http://www.bitmint.com/

He fails to disclose that fact.

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.

laanwj

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Re: AmerikanBanker: Governments Must Co-Opt Bitcoin to Avert Disaster

April 18, 2013, 08:30:52 AM

#12

Quote from: matonis on April 18, 2013, 08:26:12 AM

Author is also affiliated with BitMint: http://www.bitmint.com/

From that site:

Quote

Bitcoin poses a threat to our fragile global financial order

BitMint is Bitcoin Done Right

... reminds me a bit of the SolidCoin "PR".
Anyway, even though their tactics appear pretty low-brow, let's welcome the competition.

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