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★ Cryptocurrencies & Bitcoin

Cryptocurrencies & Bitcoin: see Currency & Money & Business & Economics & Capitalism & Corporation & Company & Credit & Stocks & Dollar & Coins & Market

The Corbett Report - Panorama TV - Bitcoin: Beyond the Bubble TV - The Bitcoin Gospel 2015 - The Bitcoin Phenomenon 2014 - Tyler Winkevoss - John McAfee - Rick Falkvinge - Nassim Taleb - Bitcoin: The End of Money As We Know It 2015 -

 

 

115,815.  Yes, the block chain is truly revolutionary.  Yes, Bitcoin is Tulipmania 2.0.  Yes, cryptocurrency is a nail in the coffin of the bankster parasites.  Yes, digital currency is a tool of the totalitarian tyrants.  No, these statements are not contradictory.  (Currency & Cryptocurrency)  The Corbett Report, The Bit-Coin Psy-Op, James Corbett online 2018

 

115,816.  Bitcoin is a peer to peer cryptocurrency whose transactions are recorded in a public block chain ledger.  (Currency & Cryptocurrency)  ibid.  

 

 

115,878.  Bitcoins made some people very rich indeed.  At least on paper.  For some investors here it’s a rollercoaster ride as values plunge.   (Currency & Cryptocurrency)  Panorama: Who Wants to be a Bitcoin Millionaire? BBC 2018

 

115,879.  Behind the hype we uncover a plain old-fashioned scam.  (Currency & Cryptocurrency)  ibid.

 

115,880.  If you had bought £50’ worth of Bitcoin at the beginning of 2011 it would now be worth more than £1,000,000.  (Currency & Cryptocurrency)  ibid.

 

115,881.  And wherever there’s the promise of gold there’s also those who want to exploit the prospectors.  (Currency & Cryptocurrency)  ibid.

 

 

122,416.  1999: ‘The one thing that’s missing that will soon be developed is a reliable e-cash.’  (Currency & Cryptocurrency & Internet & Money)  Bitcoin: Beyond the Bubble, 2018, Milton Friedman

 

122,417.  Beneath all the hype and hysteria lies what could be the most important technology of our lifetimes.  (Currency & Cryptocurrency & Internet & Money)  ibid.

 

122,418.  It’s a digital currency, much like the electronic currency we use today.  But it’s also the payment network which ficilitates the transfer of this new digital currency from one person to another.  (Currency & Cryptocurrency & Internet & Money)  ibid. 

 

122,419.  The bitcoin network is decentralised.  (Currency & Cryptocurrency & Internet & Money)  ibid.

 

122,420.  All bitcoin transactions are crytographically verfied by thousands of computers on the bigcoin network.  (Currency & Cryptocurrency & Internet & Money)  ibid.

 

122,421.  Bitcoin hits $11,000 as cryptocurrencies fuel renewed interest.  (Currency & Internet & Money & Cryptocurrency)  ibid.  RT news header

 

122,422.  Bitcoin jumps 1,000% this years.  (Currency & Cryptocurrency & Internet & Money)  ibid.  CNN news header

 

 

122,625.  Welcome to a world in which we can be our own bank.  We take it for granted that money creation is controlled by governments and banks.  But there’s a community of people who don’t see this as a given and who get quite worked up about it.  This community is switching to what they think is a better monetary system.  (Cryptocurrency & Currency & Money)  The Bitcoin Gospel, VPRO 2015

 

122,626.  ‘It is not a system based on debt.  It is a system based on ownership.’  (Cryptocurrency & Currency & Money)  ibid.  Andreas Antonopoulos

 

122,627.  Proponents speaks passionately about a digital miracle that can save the world from financial ruin.  The Bitcoin story starts off like a gospel revelation.  (Cryptocurrency & Currency & Money)  ibid.

 

122,628.  The block-chain technology: a global open ledger which can be used to share much more than just money.  (Cryptocurrency & Currency & Money)  ibid. 

 

 

122,629.  ‘Bitcoin is cash for the internet, so it’s a new kind of money and it’s also a payment network.’  The Bitcoin Phenomenon, SQ1 2014, Gavin Andresen, Bitcoin lead developer

 

122,634.  ‘It is the protocol for money on the internet.’  ibid.  expert  

 

 

122,630.  We have elected to put out money and faith in a mathematical framework that is free of politics and human error.  Tyler Winklevoss  

 

 

122,631.  It will be everywhere and the world will have to readjust.  World governments will have to readjust.  John McAfee

 

 

122,632.  Bitcoin represents a significant threat to the currency domination of the USA, which is the only thing propping up the nation’s status as a worldwide superpower.  Rick Falkvinge, founder of first Pirate Party

 

 

122,633.  Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.  Nassim Taleb, author

 

 

123,596.  The price bounced back within days.  Bitcoin: The End of Money As We Know It, 2015

 

123,597.  There is no governing body and it’s available to everyone.  ibid.

 

123,598.  A cryptocurrency is created by a global network of computers that communicate via the internet: this set up is known as miners.  ibid.

 

123,599.  All the transactions are kept on a public ledger called the blockchain.  ibid.

 

123,600.  There is nothing in our history that compares.  ibid.