Showing posts with label bitcoin. Show all posts
Showing posts with label bitcoin. Show all posts

Thursday, August 15, 2013

The Anonymity concept is holding back the Revolution

The Anonymity concept is holding back the Revolution

Many BitCoiners are holding the idea that the Bitcoin system will help men to
stay Anonymous in front of the BigBrother. The idea was right and beautiful but
it is a dead idea in reality.

These days No One is really anonymous for the BigBrother.

News about the Prism systems revealed what was a known secret, governments
are surveilling their citizens and all other real or fake enemies. The BigBrother has
the best tools to do so and this advantage will always remain against  the normal
citizens. (only really good hackers can stay Anonymous and only for a while).

Understanding and accepting this should not stop the Bitcoin revolution.

This understanding will enable us to look at all the advantages that Bitcoin
can bring to mankind.

- Worldwide commerce free of banks.
- Third nation people will be free from dictators that control the banks and will
  be able to conduct parallel economies.
- Governments will not be able to sequestrate your money (they can jail you
 but if you hide the key it’s untouchable).

By accepting the idea of "Verified ID Wallet"  we gain a door to worldwide 
market of individuals  and firms  that can trade and connect above the banking 
system. Instead of wasting time and be on the run from the law we can make 
a real commercial revolution.

For some Bitcoiners it will feel like aiming lower but I believe it’s great,
it’s the real gospel.

Mori.S
Colored  BitCoin



Sunday, July 7, 2013

How Prism surveillance program will help BitCoin become a mainstream currency


How Prism surveillance program will help BitCoin  become a mainstream currency

Now that we know that every country makes cyber surveillance on it's enemies and on it's own citizens (Iran, China, Israel and the USA) and we understand that this ability of the BigBrother is here to stay and will  even grow as every smartphone is a personal surveillance and tracking device and all our actions are revealed and traceable.

Now we can choose  between the two options:
1. Leave the cyber world to protect out privacy (Can you imagine that?) 
2. Accept that the cyber world is an open poker card game and  find how to enjoy it's benefits and beware of it's risks. 


BitCoin transaction history is always open to the community and We can trace every BitCoin to it's day of creation.
Services who try to hide the history can not prevail against the power of the BigBrother, if you are a target he will trace you.


The Question we need to ask is how this benefits BitCoin trade?


Today the image of BitCoin trade is of anarchism and crime, Mafia money and going against the system. 
Well BitCoiners, Prism faded away the glamor of rebelling against the system. BitCoin trade is not an hiding place for black money. Accept that and we can move the the next evolution stage.


Now the true power of the BitCoin system can be reviled. It is an amazing system form of payments and handling your money by yourself free from the world banking system. It is reasonable to believe that in the future countries will issue their own currency based on the BitCoin technology and  will fit it to the world trade by implementing rules and regulation of tax reporting and personal authentication.


BitCoin leaders, Do It Now. you can make it become a main stream system by making the wallets match the regulator rules.
Brake the resistance of the law and banks by making the system a real alternative for legal commerce and trade.

Mori.S