Monday, March 25, 2013

Bitcoins Rise to power. Is this a good thing or a tragedy waiting to happen.

So I have some concerns about Bitcoin. It's amazing how many blogs are heralding the Bitcoin. Especially the large blogs like Engadget and Gizmodo. This may have something to do with the fact that people working on these blogs have Bitcoin accounts.

The point I am trying to make is could this really a front for the IMF or some other New World Order world bank. Is this a way to get the local Reserve banks out the way and speed up the IMF's plan for One World Bank that has all the money. Maybe the countries banks are taking too long, or are revolting against the central governments of the funds.

Also if this is not a front, how long can it last. I would say that if the Reserve Bankers or the New World Order are not behind the deal, then the legislators in all the worlds economies will come after Bitcoin and make it illegal and take their funds anyway. Either result is not good.

I will say this at least there is a World currency that seems to be giving local Reserve Banks some competition. If only we could have more local competition.

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