If the Reserve ever suggested Bitcoin was under its purview it would establish the currency instantly. A regulatory body cements its existence as a viable currency, especially one done by the state. This was a wise move by the Federal Reserve.
But good luck on any international framework. The benefits of the currency being cross border won't be apparent until there's more mutualization within our monetary bodies. Consider the bit coin from a Euro perspective, no central authority has been given which makes any and all regulation as well as responsibility....problematic. Such is the nature of a currency mainly dependent on fiat...
Bitcoin - is this the end?
Re: Bitcoin - is this the end?
by The Dharma Bum » Thu Feb 27, 2014 6:36 pm
Last edited by The Dharma Bum on Thu Feb 27, 2014 7:15 pm, edited 1 time in total.
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The Dharma Bum - Vice President
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Re: Bitcoin - is this the end?
by The Dharma Bum » Thu Feb 27, 2014 6:47 pm
fiat means literally created by the decree of an an authority
who is this bitcoin authority of which you speak?
who is this bitcoin authority of which you speak?
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The Dharma Bum - Vice President
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Re: Bitcoin - is this the end?
by Kane » Thu Feb 27, 2014 7:10 pm
I'm not doing this with you again. See: everybody else here who knows what the f**k I'm talking about.
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Re: Bitcoin - is this the end?
by Philly » Thu Feb 27, 2014 7:13 pm
go ahead. keep screaming "Shut The f**k Up " at me. it only makes my opinions Worse
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Re: Bitcoin - is this the end?
by The Dharma Bum » Thu Feb 27, 2014 7:18 pm
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Re: Bitcoin - is this the end?
by The Dharma Bum » Thu Feb 27, 2014 7:36 pm
How many coins do you have?
No btc currently, but I do hold 6.5 mil mint coins that i'm hoping will turn into something someday.
No btc currently, but I do hold 6.5 mil mint coins that i'm hoping will turn into something someday.
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Re: Bitcoin - is this the end?
by The Comrade » Thu Feb 27, 2014 9:53 pm
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