[2015-11-13] Video: Recording from the Open Forum 2015 | 'Livery Room' Breakout

[LiteCoinGuy]

Video: Recording from the Open Forum 2015 | 'Livery Room' Breakout

https://www.youtube.com/watch?v=ZiMl2b5 ... t=3h54m54s

Basically:

Cash is going away so we can set negative interest rates and force depositor bail-ins. Fully digital currency is the future.

Bitcoin is bad but governments and banks can seize blockchain technology for their own benefit.

Bitcoin technology can be turned on its head to provide the state with perfect transparency in money flows and identity.

Governments and central banks know what is best for the little people. We will tell you what we want you to know when we want you to know. It is for your own good. Trust us.

We can make Bitcoin illegal when it pleases us and that will be the end of it.

Bitcoin has no lender of last resort so the first bust will kill it anyway.