tag:blogger.com,1999:blog-11539837.post873738065437650415..comments2024-01-19T04:29:08.081-06:00Comments on subrealism: tragedy and hope: top lives off the yield of the bottom...,Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11539837.post-21361384231984408612013-01-10T06:51:59.975-06:002013-01-10T06:51:59.975-06:00Or alternatively, the bottom lives off the yield o...Or alternatively, the bottom lives off the yield of the bottom and cuts these moneychanging top parasites completely out of the picture http://www.guardian.co.uk/world/2013/jan/02/euro-greece-barter-poverty-crisisCNuhttp://subrealism.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-11539837.post-72979039457226813252013-01-07T11:43:24.762-06:002013-01-07T11:43:24.762-06:00The PRIMARY use case for Bitcoin is strictly to av...The PRIMARY use case for Bitcoin is strictly to avoid centralization and the stranglehold banks have on the money supply. Also, why use a gold standard? Gold is owned and controlled by those same damn bankers. Hell no.Dale Asberryhttp://life-abundantly.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-11539837.post-35704994628167671332013-01-06T11:09:25.708-06:002013-01-06T11:09:25.708-06:00Decentralized currency like Bitcoin would be a nic...Decentralized currency like Bitcoin would be a nice counter but it doesn't appear anyone want to address the flaws of Bitcoin and create a better mousetrap. <br /><br /><br />The biggest problem is the chained certificates in Bitcoin that gets bigger and bigger each times the Bitcoin trades hands. Why couldn't they have a centralized clearinghouse that "burns the money" and print new Bitcoins to keep the circulation fresh? <br /><br /><br />The other biggest problem is gold standard - whoever create a new digital currency will have to use the gold standard. Trade gold for bitcoins to have the currency backed by a gold reserve.Ed Dunnhttp://www.facebook.com/fookynoreply@blogger.com