- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Here's why Bitcoin is the future of money
Posted on 5/1/13 at 9:52 am to TigerDeBaiter
Posted on 5/1/13 at 9:52 am to TigerDeBaiter
quote:
If the government does what your quote claims, then, this is why bitcoins is NOT the future of money.
Why?
If governments offer digital money, like Canada's MintChip, it will make it easier for people to move into decentralized crypto-currencies.
In fact, that's what some have already proposed:
quote:
Ironically, one of the leading ideas for the use of MintChip in the MintChip Challenge is to purchase bitcoin with it since it’s irreversible.
https://www.forbes.com/sites/jonmatonis/2012/04/12/mintchip-misses-the-point-of-digital-currency/
Posted on 5/1/13 at 11:10 am to WikiTiger
quote:
Why?
Why would somebody use bitcoins, which are not backed by anything, if the government is providing a digital currency that would be backed?
Other than to use it for illegal activities.
Popular
Back to top
Follow TigerDroppings for LSU Football News