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Satoshi Roundtable, to be held from 6th to 8th February, is suggestive of the famed Bilderberg conference, the annual meeting at which more than 100 finance experts gather in relative secret to the delight of global conspiracy theorists.
originally posted by: BerenstEiner
a reply to: wasaka
I wonder if they will create fake wars, and help elect fake politicians, and create fake news to go with the fake money, just like our REAL money movers do?
Some of the following quotes are attributed to sell-outs and people who acted against what they're saying below. However, the important thing from my point of view is that, at some point in their lives, they knew what was right when it came to the separation of Money and State.
www.economicpolicyjournal.com...
originally posted by: BerenstEiner
a reply to: wasaka
I wonder if they will create fake wars, and help elect fake politicians, and create fake news to go with the fake money, just like our REAL money movers do?
The time has come to demand honest government and that means we must demand honest money. Bitcoin didn’t ask for permission to exist, and in the same way we need not look to any false authority for permission to spend it. Make no mistake about it, open source money is a revolution. The only death will be the false authority of fiat money, and the rebellion is being financed by your spending.
We need government and we need money, we just don’t need one controlling the other. When money controls government then the oligarchy and corporations have undue influence. When government controls money, then the political system can control the citizens. The idea of a Republic is the idea that people control the government, but in order for this to work we need to separate money and state just like we separate church and state.
originally posted by: BELIEVERpriest
a reply to: wasaka
I wonder how involved Israel is in this meeting, since they seem to be calling for the first cashless society.
It remains to be seen whether this is an advance of democratic self-determination. At this stage I would be optimistic, especially if Bitcoin’s proof-of-concept encourages others to develop distinct, communicating architectures that would create not just a digital currency but a digital currency exchange. There are some fascinating possibilities here:
1. We may soon not need banks to carry out monetary transactions or keep our money. The benefit in terms of near-zero transaction costs, nearly immediate confirmation of payment (are you still waiting 4 days for your cheque?), reduced credit risk, security and resilience would be immense.
2. Credit creation becomes an activity not linked to the transaction-handling franchise. It is also no longer underwritten by taxpayers. Inflationary behaviour requires public consent – not the taxpayer or voter public but the public that uses the particular currency.
3. Because all transactions are peer-to-peer, people can switch their currency holdings at will and costlessly. How much people trade, if at all, depends only their beliefs about the riskiness of the currencies on offer.
4. If peer-to-peer currency becomes mainstream, governments will have to decide whether to accept it and put the banks out of business, or refuse it and drive it underground. Either way, the relation of state and citizen in economic management is likely to be radically changed.