Bitcoin Money
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Showing posts tagged Survivalists
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The Case for the Bitcoin Cryptocurrency, by J. McG.
A major theorem of cryptography is that anything that be done with a trusted authority can be done without1 a trusted authority. This theorem can be applied to currencies, too. Anything that can be done by a central bank can be done without a central bank . The central bank for the United States of America, as you probably already know, is the US Federal Reserve. The stated dual mandate of the US Federal Reserve System is:
“The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.”Previous Posts - Twitter: @BitcoinMoney
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In a post on BetaBeat by editor Jessica Roy...
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Let’s Talk Bitcoin Episode 006 - “Cyprus & Serendipity”
Note: Both...
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Phil Archer’s post on TheGenesisBlock.com...
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Without bank investors, banking will die. Already we are seeing startups forced to use existing...
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