Re:Shopify accepts Bitcoin
by atmosx on Sunday November 10, 2013 @07:02PM
(#6709114)
I think that the BTC 2% has the same power as a government inside their ecosystem, no responsibility (ethical or other) given the complete anonymity and thus can not be held directly or indirectly accountable in any way, while a gov can.
The fact is that you know who runs the FED. You don't know who owns 95% of BTC in circulation.
They didn't stole directly, but it's a perfect Ponzi scheme if they choose to liquidate their BTC overnight :-) ... They are in a position to create "money" out of thin air. Money issued by people trusting BTC. So there is no difference from a trading Wall Street crook who sells garbage stocks for gold to naive investors (calling Goldman Sachs)...
The fact is that you know who runs the FED. You don't know who owns 95% of BTC in circulation.
They didn't stole directly, but it's a perfect Ponzi scheme if they choose to liquidate their BTC overnight :-) ... They are in a position to create "money" out of thin air. Money issued by people trusting BTC. So there is no difference from a trading Wall Street crook who sells garbage stocks for gold to naive investors (calling Goldman Sachs)...