tag:blogger.com,1999:blog-3758330678390419129.post5930057796781721225..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: REPORT: Several Bitcoin Businesses Have Had Their Bank Accounts Shut DownRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-83316106075097992752013-04-27T00:13:43.044-04:002013-04-27T00:13:43.044-04:00If nothing else, for now, BTC is a way to thumb yo...If nothing else, for now, BTC is a way to thumb your nose at the State, which clearly hates and fears non-USD currency. And there's great promise in the future. Monetary techno-theorists are already collaborating on the next innovations which shall defeat our money monopolists. Bitcoin protocol will be addressed, as will conversion. The Ripple protocol sounds pretty exciting. We libertarians Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-64081733597416967542013-04-26T18:30:46.579-04:002013-04-26T18:30:46.579-04:00If BTC is never convertible into dollars/euros/yen...If BTC is never convertible into dollars/euros/yen etc. they will be used as a stand alone currency. People will buy and sell in a eco-system just like the Apple eco-system is different than PC or Linux. They can exist just fine by themselves. Anonymity will always be desired. As to convertibility, people can just buy gold coins or any commodity with their BTC and then sell/convert that, or any gcdugashttps://www.blogger.com/profile/05891496227400676880noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10526946907221840802013-04-26T10:58:53.828-04:002013-04-26T10:58:53.828-04:00Derrick: Exactly. BTC is awesome not because it...Derrick: Exactly. BTC is awesome not because it's a monetary store, but because, at least for now, you can use it as a proxy for money and government can't get in the way. Further their only way of blocking it is at the point of exchange, of which there are hundreds of ways of getting around.<br /><br />This is the best thing to happen to freedom since the federal reserve act put us all James Hancockhttps://www.blogger.com/profile/00691491559386497208noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-24259166435342070192013-04-26T10:48:47.861-04:002013-04-26T10:48:47.861-04:00More power to BTC... BUT it is a public service t...More power to BTC... BUT it is a public service to warn novice investors when they are going to get killed. <br />gpondhttps://www.blogger.com/profile/01013837189187920036noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-1143771175362112682013-04-26T10:04:45.582-04:002013-04-26T10:04:45.582-04:00No one that uses bitcoins thinks they are money We...No one that uses bitcoins thinks they are money Wenzel.<br /><br />You don't seem to have a firm grasp on BTC. You have some sick hope that they fail. It's like you are cheering for it to go totally under.<br /><br />Bitcoins are one of the biggest leaps in freedom since the internet itself. It's THE ONLY WAY in the world right now (with any reasonable scope) to buy goods and servicesD. Lawless Hardwarehttps://www.blogger.com/profile/10416599643576620796noreply@blogger.com