RE: The Many Problems of Bitcoin

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The Many Problems of Bitcoin

in bitcoin •  7 years ago 

Thanks, bitcoin doesn't have much history yet to really know about so you're fine lol

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Absolutely, The bitcoin revolution is about to begin.

revision*

its not a revolution

i think, this is a financial revolution. bitcoin was not here 15years ago and was not that popular neither in the last couple of years.
it is now that people will begin to use it as an every day currency. this will have a huge economic impact on the monetary system around the globe all along with other promising cryptocurrencies like dash and monero.

its still the same system in the end though. It won't change where our resources come from, it won't change who the richest people are (other than making a few millionaires), it won't change who is starving right now and why. All it changes is how capital moves.

you're talking from a purely communistic point of view. i respect that, but why would banks charge a straving worker 50$ for transfering 100$ across the border to a starving son.

"why would banks charge a straving worker 50$ for transfering 100$ across the border to a starving son."

profit and to keep the working class there living in wage slavery.