Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21253531 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (68 posts by 16 users deleted.)
Voodah
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December 26, 2013, 05:22:48 PM


3rd world countries afraid of Bitcoin because it gives the power to people, countries like USA and most EU will adopt Bitcoin then the 3rd world countries a bit late will follow like always, do you remember internet the early 90's ?  you know just saying ....

Where do you live?

EU but I am originally from  Algeria so I know how it works....

Ok, let me spin it off in a different manner then.

"Power to the people" is just a vague in-the-future concept for Gov's right now.

What they truly fear (and rightfully so) is the fact that Bitcoin is the absolute ultimate Capital Flight instrument. Ever. 100% True, no doubt possible.

Still, both concepts are horizontal, meaning they will affect and be cause of fear for all Gov's (1st or 3rd world) albeit with greater or lesser impact.

First world countries just happen to be in a position (technologically, socially and economically) where they can more easily assume an early adopter role (just as individuals did in previous stages). In doing so, they will be hedging themselves against the losses from the two concepts above.

Gov's may not realize it yet but the problems they face with Bitcoin are horizontal and affect them all. They have a lot more to gain if they stand together in a unified position.

A little of extrapolation and futurology may point to a one-Gov world in a future scenario...