Comments on: Is Bitcoin the Beginning of the End? https://lifeboat.com/blog/2013/09/is-bitcoin-the-beginning-of-the-end Safeguarding Humanity Tue, 25 Apr 2017 11:26:19 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Ressie Wildenberg https://lifeboat.com/blog/2013/09/is-bitcoin-the-beginning-of-the-end#comment-179964 Fri, 20 Dec 2013 18:49:25 +0000 http://lifeboat.com/blog/?p=8904#comment-179964 Bitcoin is a cutting edge new type of currency. What makes bitcoin so revolutionary is that it is wholly Decentralized and P2P. This means that there is no Bank or central authority that protects the economy from double spending (Over Draft) or counterfeiting money. Instead though goals are completed by the use of Cryptography. Bitcoins though can be bought or offered for cash value and they are a great move as the prices continue to climb.

]]> By: John https://lifeboat.com/blog/2013/09/is-bitcoin-the-beginning-of-the-end#comment-174538 Wed, 18 Sep 2013 20:39:25 +0000 http://lifeboat.com/blog/?p=8904#comment-174538 Interesting idea Microsrfr!

While I love the vision, I must say it sounds pretty far fetched even to me!

But hey, The best way to predict the future is to invent it.

]]> By: Microsrfr https://lifeboat.com/blog/2013/09/is-bitcoin-the-beginning-of-the-end#comment-174518 Wed, 18 Sep 2013 14:47:09 +0000 http://lifeboat.com/blog/?p=8904#comment-174518 The real power of Bitcoin will come when it is fully integrated into our economic system. Imagine buying a product and automatically transferring Bitcoin into the wallet of each laborer that added content at a global minimum wage or greater.

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