1. Exquisite Tweets from @Reuters, @Beautyon_, @trevchenko82

    Crypto1ChanCollected by Crypto1Chan

    Bitcoin declared a failure by BoE's Mark Carney. More from @ReutersTV: reut.rs/2CyqyzM

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    Reuters

    Reuters Top News

  2. What is the result of Carney and the central bankers being in charge of money since 1917? Multiple hyperinflation events, the dollar losing all of its value, and literally billions without access to the financial rails westerners take for granted. That is what I call "failure".

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    Beautyon_

    Beautyon

    Now we have a tool that not only will solve the problem of central bank run fiat, but we have a tool that can put billions of people on to financial rails so they have the same power as espresso drinking sofa sitting metropolitan virtue signallers. Who could be against that?

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    Beautyon_

    Beautyon

    The sort of person who is against that is the type who thinks that people in other countries are not really human beings at all, and they don't need access to bank services. There is a word for this, and you know what it is. Amazon can work for everyone, no matter where they are.

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    Beautyon_

    Beautyon

    Even if you take a single use case of international remittances, Bitcoin is a game changer for people who need to send money home. That use case alone is worth many billions, and helps the poorest. Cracking down on Bitcoin is nothing less than discrimination, and it's despicable.

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    Beautyon_

    Beautyon

    Bitcoin can't be a failure and a threat at the same time. If it has failed, then it will die of its own accord like Pet Rocks. If it's a success, then it's helping people, by definition. How it is helping people is as varied as people, and no one has the right to interfere in it.

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    Beautyon_

    Beautyon

    Carney and all in his class are wrong and will be compelled to learn that they're wrong. This problem is too big and the solution to elegant to stop. You can't argue against it without looking absurd, or like a man who has no care for the plight of others. bravenewcoin.com/news/bitcoin-c…

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    Beautyon_

    Beautyon

    The failure here is the central bank's failure. A failure of imagination, a failure to learn lessons of history, failure to listen to Murray Rothbard, failure to innovate, failure of and dereliction of duty, and fail upon fail. No one is listening Carney! mobile.twitter.com/Reuters/status…

    Reuters Top News @Reuters
    Bitcoin declared a failure by BoE's Mark Carney. More from @ReutersTV: reut.rs/2CyqyzM

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    Beautyon_

    Beautyon

  3. If they were truly independent rather than government tools then they may still be useful. As is, they're in a death spiral.

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    trevchenko82

    Trevchenko

  4. This is not true. Every single fiat currency that has ever existed has gone to hyperinflation and died, without exception. This is not a problem that can be solved by any man or central bank. irdial.com/blogdial/?p=27…

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    Beautyon_

    Beautyon