Duke Bitcoin Conference - Expert Panel Discussion

Posted Jun 13, 2014, 5:31 AM UTC

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challengingtimes•

This discussion was quite interesting and thanks for posting. I've found that the political discussion of bitcoin has been lacking and this talk covered some of it.

Is it just me or did Jon Hilsenrath just use the same old statist rhetoric and completely ignored/side stepped the issue of liberties you gain by control of your personal bitcoin wallet/credit (no 3rd party banks). Case and point: https://pay.reddit.com/r/worldnews/comments/27yg8m/australian_government_grabs_360_million_from_idle/

Central banks credibility is dead, their massive monetary expansion has diluted the average person's purchasing power (those who don't want to engage in speculative markets); QE^n/ZIRP is the monetary inflation that is a silent tax.

This introduces the idea that properties of credit can be more precisely defined and agreed upon by everyone. How much supply should grow (if at all?) and how credit is distributed.

1
poopseeker•

ahh i know that duke university, thats where that porn girl comes from...

0