The Tender For Law

Volume 4

Nov 17, 2013 2:44 AM

I suggest they become their own bank, keep a useful amount of legal tender so their corporations can pay bills that require it, or use a bitcoin atm to withdraw what you need and invest what you don't instantly need back into bitcoin. This could be very interesting because they will have to pay everything with cash...many places won't accept cash

Any other suggestions?

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August le Blanc

Or create your own... Bank. A bank is a currency exchange, Bitcoin is new compared to the U.S Dollar the currency of international trade, so establishing a digital currency exchange, may be in order. The Banks are afraid of the implications, that means the accountants are afraid, which means This crypto currency realm is in essence an evolution of money... remove the power of money and establish Into a non centralized way of doing business. But isn't that what Khadafi tried to do with his new currency and the other powers that be, actually invaded for that? And if so what is to prevent them from replaying that out in the digital realm? I think that is where the answer to everything comes in ... So its back to basic economics of supply and demand, however that is currently part of the system... fucking head is going to explode again... I am sure the IMF and the World Bank are not happy either with crypto-currency as it converts their power into something they have no say in, ( if its not their idea it could be bad for their business of debt).. so... that is where the war will start, in the digital realm... So then the secret TPP negotiations take on a different level of meaning with the end of privacy... Am I thinking wrong here?