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wow. how disappointing. and her justification is??? don't the powers-that-be realize the unintended conseqences of their actions. that we're in a period of tra
by hackerjam 12y ago
wow. how disappointing. and her justification is???
don't the powers-that-be realize the unintended conseqences of their actions. that we're in a period of transition (for real) and if elected politicians continue to accommodate corporations that have a vested interest in shackling and turning the "internet" into an appliance, they will expedite the adoption of p2p and decentralized technologies. the very same technologies (think: blockchain) that are predicted to bring about their own demise.
i just read a few of days ago that the g20 has adopted a set of new rules [1] -- that should there be another financial meltdown -- they will take (not borrow) their customers deposits and pension funds to cover their losses.
and if memory serves me correctly, when the cypriot economy tanked [2] and they declared that they were going to seize depositor funds, > $100k , the fall out from that action alone, gave a big impetus for investors to start switching out of fiat currencies and into bitcoin.
our leadership is (or at least, on the surface, appears to be) so out of touch. has it always been this way and little folks, like myself, are just now noticing or are we living at warp speed and there is no room for error, must less, time for reflection.
[1] http://ellenbrown.com/2014/12/01/new-rules-cyprus-style-bail-ins-to-hit-deposits-and-pensions/ http://ellenbrown.com/2014/12/01/new-rules-cyprus-style-bail...
[2] http://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financial_crisis http://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financi...