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by adrianwaj
5053 days ago
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I had those same thoughts when bitcoin first came out (or rather hit mainstream) and put them on my Bitrific blog, which I subsequently shut down. A new government backed currency being disconnected from paper is one thing, but being disconnected from fractional reserve banking is another and likely to be met with very violent opposition if a target can be found. There'd a have to be a total change in government policy for a modern day digital Lincoln greenback. I don't think the Corporatocracy would allow it to happen at this point. So bitcoin is the closest we can get to it - money for the people by the people (instead of money for the corporations by the banks with the help of government.) |
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