Quick, Get Grandma In
Mortgages to Buy Bitcoin? Why Not?
Will Bitcoin Oust the Euro?
Mike "Mish" Shedlock
Grandma's next media appearance in the media will be her demanding a Government bailout.
@Michaelf, why should grandma demand a bailout when only the rich receive them?
So I get that you guys are going by an old standard with old axioms and preconceptions. But you do not understand the potential of the technology and the advantage of decentralization. Sending money to anyone you want without government interference or involvement should be a libertarians wet dream. Yet here you are standing in incredulity or fear. You preach about robots but can’t even fathom that technology will take us off planet and into mining asteroids and other planets... with those very same robots. We will need a new value system regardless. And if you want economic freedom it won’t be because governments invent it.
Seb, blockchain is the technology. Bitcoin is just one of the many crypto-currencies. Bitcoin will not last.
There are precisely zero barriers to creating your own crypto-currency and zero barriers to creating a superior platform to the existing ones and yet .... as the ole saying goes, you cannot fix stupid.