08 Nov '12, 6pm

ShadowLife - The long-term success of Bitcoin: ShadowLife - The long-term success of Bitcoin: Shado... #BitcoinNews

ShadowLife - The long-term success of Bitcoin ShadowLife, a community focused on the protection of privacy, has a post describing what Bitcoin needs to succeed in the long-run. Excerpts: “If you combine all black markets of the world together you’ll get a 10 trillion US$ economy, second only to the United States of America. In many developing countries it already comprises large parts of the economy and it is growing faster than the officially recognized gross domestic product (GDP).” - “One has to note that Crypto-Anarchy is not a philosophical utopia, but the attempt to shape life and society in the presence of disruptive technologies. The corresponding technologies have already arrived and we are facing a great divide: we will either live in the total surveillance state or in a Crypto-Anarchist libertopia.” - “A free society needs a free market and a free market needs s...

Full article: http://www.bitcoinnews.com/post/35281638233/shadowlife-bi...

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