“This phenomenon is part of a wider trend towards networked and globalised power structures that tend to undermine the nation state-based systems to which we have grown accustomed. Last week, the world’s most powerful nations grappled with the complexity of a global tax system. But almost unnoticed, the rise of digital currencies like BitCoin threatens to render obsolete even the modest progress made by the G8. BitCoin’s distributed network structure makes it hard for any one country or group of countries to regulate its activities. Opportunities for larger players are presented by immediate and secure value transfer, delivered anonymously and at next-to-zero cost.”
http://www.telegraph.co.uk/science/10139651/Why-Bitcoin-is-on-the-money.html
Tip Freedomwat.ch Staff with Bitcoin