Bitcoin Money
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Showing posts tagged jerry brito
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This video on ReasonTV by Jerry Brito (@JerryBrito) gives a two minute overview of Bitcoin.
- “There are two main benefits in Bitcoin that people who like liberty are going to be excited about. One is this idea that a central authority doesn’t control the money supply. And so they can’t just print more money”.
- “There’s no Bitcoin corporation, there’s no Bitcoin building”.
- “Whether Bitcoin succeeds or fails itself is really neither here nor there. If it’s not Bitcoin it is going to be something else that is going to be a virtual currency that has distributed, that’s anonymous and it doesn’t have a central intermediary”.
Jerry Brito is a senior research fellow at the Mercatus Center at George Mason University.
- Jerry’s article on Bitcoin from April in TIME’s TechLand
- Jerry’s blog and Twitter.
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Jerry Brito: A Shift Toward Digital Currency
Jerry Brito (@JerryBrito) wrote an op-ed in the NY Times describing why a decentralized digital currency matters. Excerpts:
Moving away from paper notes and coins and toward a digital currency is a no-brainer, at least when it comes to cost and efficiency. But when it comes to privacy and freedom, cash can’t be beat. We must ensure that we protect our civil liberties by preserving some untraceable payment method.
Imagine if the only way to support unpopular causes was with easily controlled e-money. Certain transactions could be disallowed by law, political pressure or corporate fiat, and anonymous giving would be impossible. Each of your transactions would be tied to your identity.
The nascent digital currency Bitcoin has demonstrated that such e-cash is possible.
Recently, Peter Sunde of Flattr was interviewed and carried the same sentiment.
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Video: Jerry Brito Talks About Mintchip (and Bitcoin)
In an interview on CTV News (Canadian Television), Jerry Brito (@JerryBrito) argues that there is a real future for digital money.
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UnknownUnknown90PlaysI was on NPR’s Morning Edition this AM talking with Cyrus Farivar about the legality of gambling using bitcoin. What I find telling is that the casino operators, who are making a tidy profit, are keeping everything in bitcoin and at no point converting to dollars or other currency.
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