“I reckon the big online retailers who would save a fortune by stripping seller and buyer fees – eBay and Amazon – will move first. Apparently there is already an entire trendy suburb in Berlin where you can more or less live on them already. That’s when the real difficulties start. Because for all the benefits, peer-to-peer currencies like this will almost certainly reduce the ability of central banks to manipulate the money supply, have significant implications for the tracking of illegal transactions, and may erode tax-raising powers. For at least some of those involved in the Bitcoin project, including the mysterious founder, that was the whole idea.”
(Visited 30 times, 1 visits today)
Related posts:
Tulsa: Meals on truck wheels
iPhone 5S fingerprint reader manages to remain secure for almost 3 days
Solar energy plants in tortoises' desert habitat pit green against green
You thought the whole 'EUSSR' thing was over the top? Have a look at this poster
Trump 'Strongly' Favors Imposing Online Sales Tax, Mnuchin Says
How I went dark in Australia's public transport surveillance state for 2 years
South Korea using smartphone app to curb military leaks
Assistant U.S. attorney's Facebook posts probed
Between Walmart and Kroger, 500 stores are about to ditch cashiers
With Bullets Scarce, More Shooters Make Their Own
China ousts police chief ‘who owns hundreds of houses’
Disabled cancer patient slammed to the ground by TSA, then jailed
Angry bondholders storm Bank of Cyprus building, damage windows
Chicago 'Safe Passage' Worker Hit Woman, Stole Benefits Card
Bitcoin's $13.50 To $1,200 Eleven Month Climb---Now Taxes