Bitcoin is an innovative payment network
Bitcoin Du Liban is dedicated for educational purposes only.
The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts
If in fact government can’t get in, then everybody is walking around with a Swiss bank account in their pocket.
I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t stop.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
Bitcoin is a technological tour de force
The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.