By Ellen Brown
Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the....blockchain
Martin Hiesboeck:
[B]lockchain won’t just kill banks, brokers and credit card companies. It will change every transactional process you know. Simply put, blockchain eliminates the need for clearinghouse entities of any kind. And that means a revolution is coming, a fundamental sea change in the way we do business.
[Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. Her latest book, The Public Bank Solution, explores successful public banking models historically and globally. Her 300+ blog articles are at EllenBrown.com. She can be heard biweekly on “It’s Our Money with Ellen Brown” on PRN.FM.]
May 17, 201 "While we are [again] accepting Bitcoin donations, EFF is not endorsing Bitcoin. EFF does not typically endorse products or services, and we certainly do not endorse any of the electronic payment methods that we currently accept (credit cards, PayPal, and now BitPay)."
with all other financial transactions globally passing through US-owned computers and therefore under constant observation by the agencies, the BitCoin is likely to become a target for government attention soon.
Speaking at the Thiel Foundation Under 20 Summit, last weekend, Thiel said he gave a talk back in 1999 that mentioned the end of monetary sovereignty and how encrypted money was going to "change the world". "I do think bitcoin is the first one of these that has the potential to do something like that," he added.
As of this November, China is home to the world's largest-volume bitcoin exchange (BTC China), some of the largest mining operations, and could well be leading the global rise of bitcoin. It was in May that China surpassed all other countries with 84,000 bitcoin wallet downloads, a world record few noticed.