“This brings us to the two really important things I’ve learned about being both an entrepreneur and investor. Life and adoption curves do not take place on a linear scale, and major trends are like tsunamis, they don’t stop for roadblocks. It is inevitable that a crypto-currency takes the place of government backed or commodity backed currency. It is the natural evolution of money onto the internet. Less friction, more anonymity, a free flow of value around the world. This will happen no matter how many roadblocks you place in front of it, just as the sharing of most of our assets in order to increase capacity utilization will happen as well. It is the path of least resistance.”
http://www.leighdrogen.com/why-i-bought-one-bitcoin/
Related posts:
Dear New Yorkers: Here's Why Your Rent Is So Ridiculously High
Keep Families Together: An Anarchist Christmas Message
Why I renounced US citizenship
CIA created 9/11 blowback, American citizens paid
The Endgame of State/Local Government Pensions
Seeking a Bolthole Community
Taxation of Americans Abroad versus the 14th Amendment
Bitcoin’s 'Demise' A Reminder Of How Not Free We Are
Catherine Austin Fitts: Coming Clean Beyond the Fiscal Cliff
Tragedy of the Commons and Species Extinction
Government Spying Has Always Focused On Crushing Dissent … Not On Keeping Us Safe
War Is a Certainty
Credit Outbids Cash = Resource Wars
Doug Casey on Orwell's Nightmare – the Darker Side of Modern Technology
The Real Founders of Democracy Would Be Pissed