Quote Originally Posted by Yossarian View Post
I think this thread is in contention for using the most words without actually saying anything. Just vaugue disparaging criticisms without specifics. All you are proposing is moving from one arbitrary medium to another. Yes other countries would like to move away from the dollar standard but they are not benevolent rainbow crusaders, it's pure economic self interest.

I don't want to miss an opportunity to make things better. Seriously, if bitcoin is the ticket then I'll buy some tomorrow. But it will take more than plattitudes. So let's try breaking this into pieces- in your own words, how will bitcoin create a system that will save the environment?
I have no idea.

I do agree with Xmac's assertion that our current monetary system is predatory, and that this predation / greed can easily overlook the planet's needs as something superfluous in comparison to the bottom line, when in reality, the planet's needs ARE the bottom line. I do not understand enough about bitcoin to know how / if it mitigates predation by attempting to divide power / wealth more evenly, by maintaining a value more closely based on real-world assets and effort as opposed to speculation or debt-based 'value'. That seems like a step in the right direction to me, so if that is the direction of bitcoin, I see the benefit. It is certainly the direction of local currency trends.