Our data indicates Bitcoin is already in the control of the US Treasury and The Bank of England. What’s key to remember about cryptocurrency is that while they discourage inflation of the currency (through difficulty of mining new digital coins – and who audits that anyway?) they do not address the paradigm that the people are the value. The use of cryptocurrency does not address the issue of the hypothecation of the value of human beings and their assets without their knowledge that they are the value – the basis of the current slavery systems. These issues will remain even if there is a switch to a cryptocurrency. Most banking value exchanges do not involve cash in any case. They involve trading bank paper. -AK
In One Month, Everyone In Iceland Will Own Cryptocurrency http://www.rumormillnews.com/cgi-bin/forum.cgi?read=299026 Posted By: RumorMail Date: Saturday, 8-Feb-2014 13:07:05
The cryptocurrency craze spun into a new realm of ridiculous with Kanyecoin, Dogecoin, Ron Paul Coin and the bounty of other clone-coins that sprung up to ride the Bitcoin wave. But the latest altcoin to enter the market, Auroracoin, wants to take the futurist trend back to its cryptoanarchist roots. The altcoin was designed specifically for Iceland, and the creator plans to give every citizen of the Nordic country a digital handful of Auroracoins to kickstart their use.