Australian Politics Forum - The Digital Currency

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The Digital Currency
Jul 7^th, 2013 at 7:52am

Bitcoins, litecoins, worldcoins, chinacoins, etc etc

Decentralised cryptocurrency that enables instant payments to anyone in the world.

Production of new virtual coins are controlled mathematically, with a limit on the maximum number than can eventually exist. (some have no limits)

All these digital currencies are good for are to shop on the silk road, avoid taxes, and undermine the financial credibility of nation states ... and now to avoid cyprus decisions and bad future Australian conservative treasurers.

Is this the start of the democratic revolution of earth where borders will soon crumble.

Are people investing in superfunds, financial shares, and banking cash for a rainy day walking blind into a massive loss?

Is our currency really that safe?

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Ex Dame Pansi

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Re: The Digital Currency
Reply #1 - Jul 7^th, 2013 at 10:23am

I was looking into bitcoins a while back, but I'm sure the world bank and their evil associates will find some way to sabotage them if they start taking hold.

Alternative currencies will replace individual currencies, but there will be some teething problems at first, but overall, it's a great idea and had to happen in light of Wall Street and Greed Inc.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Sir lastnail

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Re: The Digital Currency
Reply #2 - Jul 7^th, 2013 at 5:37pm

Ex Dame Pansi wrote on Jul 7^th, 2013 at 10:23am:

I was looking into bitcoins a while back, but I'm sure the world bank and their evil associates will find some way to sabotage them if they start taking hold.

Alternative currencies will replace individual currencies, but there will be some teething problems at first, but overall, it's a great idea and had to happen in light of Wall Street and Greed Inc.

what no interest on printed money with no intrinsic value !!!!

that would be a first !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Ex Dame Pansi

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Re: The Digital Currency
Reply #3 - Jul 8^th, 2013 at 6:06am

Sir lastnail wrote on Jul 7^th, 2013 at 5:37pm:

Ex Dame Pansi wrote on Jul 7^th, 2013 at 10:23am:

I was looking into bitcoins a while back, but I'm sure the world bank and their evil associates will find some way to sabotage them if they start taking hold.

Alternative currencies will replace individual currencies, but there will be some teething problems at first, but overall, it's a great idea and had to happen in light of Wall Street and Greed Inc.

what no interest on printed money with no intrinsic value !!!!

that would be a first !!

Ha! Clayton's money, the money you have when you have no money.

I'm all for cutting out the middle men every time I make a transaction.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Sir Spot of Borg Gold Member Offline WE ARE BORG Posts: 26512 Australia	Re: The Digital Currency Reply #4 - Jul 8^th, 2013 at 6:11am The middle men arent going to let you do it though. Even if it means putting GST on everything on ebay @ a cost of billions in paperwork etc . .. . SOB
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Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: The Digital Currency Reply #5 - Jul 8^th, 2013 at 6:15am Fking hell 6.10am in Australia and only 1 post from Spot. He's usually filled the 10 most recent posts by now. Spot must have slept through his 4.30am alarm....
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