Who's doing this to my internet?

Re:Who's doing this to my internet? by Frondo on Tuesday July 28, 2015 @10:37AM (#9961767)

I get to vote on the people who appoint the fed chief every so often. There is no mechanism, even theoretical, to put that democratic power in the hands of the citizen user of bitcoin.

Edit: Wow you changed your comment a lot in the edit!

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Re:Who's doing this to my internet? by yc1010 on Tuesday July 28, 2015 @05:33PM (#9964662)

Good, bitcoin is not going to replace central banks, what it is a great online payment system not a replacement for world banking.

Some of us have no issues trusting cold hard maths, cryptography and computer science behind bitcoin which give so much certainty and such clearly defined rules for how the system works. As compared to some central bankers who have no issues with whole countries going down the drain (Greece) due to their policies which often change based on politics.

There sure as hell is no chance that trillions of bitcoins will suddenly appear out of thin air Fed style.

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