Saturday, January 18, 2014

Re: Mind's Eye Re: The evolution of money

You can complain about the banking and monetary systems all you want. They do have problems but at least they can be regulated and some what controlled. There as a lot lends uncontrolled electronic currencies have some hidden problems.
Bitcoin can only create small amounts of currency at a time in the realm of 1 or 2 in a day. Not worth the effort as it requires he full effort of a PC for a day or two not worth the effort.. oops I forgot the value went from a dollar to $1,000.-- ..  let me see I can buy a laptop able to do the counterfeiting job for €600 or so and it will create me a new legal Bitcoin in a day.
Translated:-) f I was so inclined with 10 laptops I can create $10,000.-- per day. Or an equivalent vale of over 35 million dollars per year..  not bad pocket change for creating a electronic money sequence. A thrives paradise..  yes? No?

(   Matrix ~~ Soul rules Body
  )              ~~ Do No Harm
[_D    ~ Allan H

-----Original Message-----
From: andrew vecsey <andrewvecsey@gmail.com>
To: minds-eye@googlegroups.com
Sent: Sat, 18 Jan 2014 10:53 AM
Subject: Re: Mind's Eye Re: The evolution of money

"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
—Henry Ford

--
 
---
You received this message because you are subscribed to the Google Groups ""Minds Eye"" group.
To unsubscribe from this group and stop receiving emails from it, send an email to minds-eye+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.

--
 
---
You received this message because you are subscribed to the Google Groups ""Minds Eye"" group.
To unsubscribe from this group and stop receiving emails from it, send an email to minds-eye+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.

0 comments:

Post a Comment