a reply to: theantediluvian
So, a network that generates how much money in USD a day, is limited to stay peer 2 peer, if the backbone of their money generation is threatened? As
rumblings of the USD reserve currency status is in severe jeopardy, goes on?
No... not even close. You are limiting your thought process. Probably due to fear, or a misunderstanding of what Bitcoin is.
Understand, Bitcoin is a currency system. It is the modernized digital version of Tally Sticks, intended to go world wide as the peoples currency.
Research what Tally Sticks were, their purpose and how they functioned.
Your whole premise is a kooky thought. Bitcoin does answer to the FCC. That would be like them telling the private Federal Reserve banking system,
to turn off its printing press via banning all loans.
They are already planning Bitcoin satellites. Yet, the Bitcoin foundation, filled with technical geeks, couldn't invest and offer its own IPv6
network on its protocol, if the internet becomes threatened? Especially if they had an advertising campaign telling people the benefits of encryption
and switching not only to their internet, but use money not based upon usury as part of the package?
Research. Every official transaction using that protocol, would be fully transparent. Campaign funds, voting records, government money spent, and
who it went too, notarized documents, with instant digital receipts. Use your imagination.
The protocol is the magic. I suggest you research to form a valid opinion of it, to see what is possible with it.
edit on 18-5-2014 by Not
Authorized because: (no reason given)