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... You can buy many different goods and services with Bitcoin, exchange it with other currencies, etc… It works on a global scale. Hence, it is symbolic of the shift of our world system to a ‘post-Westphalian’ phase, a phase that goes not only beyond the dominance of the nation-states, but also beyond the private global powers that have hijacked global governance, such as the financial system of the 1% . Indeed, this new currency can be created, under conditions set by the protocol, by any participating computer. It is a true p2p monetary system. A socially sovereign currency that can scale globally will be, and is, a vital part of the emerging distributed infrastructure of value creation that the P2P Foundation calls for. This does not mean that Bitcoin is necessarily the final and perfect answer to our needs, but it is an important step in demonstrating that it CAN be done. We envisage the development of future ‘forks’ and currencies that have other qualities embedded in them, and call for monetary bio-diversity.
It is to demonstrate our commitment to such developments, that we will now pay our collaborators in a mix of currencies, and part of it will be in Bitcoin.
I applaud this. It represents another way to bypass central banking, to escape the Social Security scam that "jesse james" is deceiving us about.