Hee hee! I know what you mean! It’s the default standard image I think!

I sometimes use the ‘men with guns’ (backing fiat) quote when presenting, although I have to be honest and say I forget who coined it originally. It’s both slightly reassuring and slightly terrifying at the same time. Its implication is that the currency has value because of fear, rather than confidence, and even then only in the country it originates. (can’t enforce the dollar in the UK for example, doesn’t matter how big your guns are) Either way, it has the same effect when something is backed by nothing.

In that context, Bitcoin, with its built in security and underlying robust system accessible to all seems more progressive and natural.

Thanks for reading and commenting!

Jason

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I blog on things I am passionate about: Bitcoin, writing, money, life’s crazy turns and being a dad. Lover of learning, family and cheese. (jasondeane@msn.com)

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