Must Read: Why Central Banks will fail at digital currency

By Beautyon via

[Editors Note: Truly excellent article that echoes a lot of the arguments I made in my most recent Video “Bitcoin V Central Bank ‘RScoin’ – Watch out for the snake oil Salesmen

  • “Bitcoin is not a simple transition to a new medium. It is a paradigm shift. Every assumption about what money is, how it is stored, who should control its production, how it is transmitted and managed is turned on its head in Bitcoin”
  • “The true background story of Bitcoin is a deep dissatisfaction with the fiat currency system that steals money from the poor, fuels war and destroys economies. It is the State and its fraudulent money that was the sole driving force behind the creation of Bitcoin”

Read more here..

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