I get that ID = Identification
bit=bitcoin
but what is the "enta"
?
I thought that the banks desired "profits"
I thought they desired systemic control.... currency control isn't the only means. You make a very interesting point about the difference between ripple & Bitshares. Also, there will be those who want to profit and will betray the beast. There may even be some good in them.....though I've not felt it's presence!
The people at the apex of the banking pyramid desire control, but the other 99 % of the bankers are paid according to how much profits they generate. Do you know what the "entry level" banking position is?
Teller?
no
Salesman!
All new tellers are fired if they cannot sell. All positions are eliminated if they cannot hit their financial targets.
The politicians who accept bitcoins:
are they the top dogs (obama?)
no, they are the 99%
Will Baron Von Rothschild adopt IDentalbit? hell no, but will his minions defect when they realize that they can keep their jobs for another few quarters by driving customers to DPOS?
In other words, how many lower level bankers do you think are truly willing to take a bullet (give up free money, fame, sex, blow, & riches to take a financial hit for daddy Warbucks?
If you believe your logic, then you think that there is still honor among thieves, and that's OK, but I know thieves, and on average, they are more selfish rather than less as you believe. But that's ok, you can trust thieves, but I will not, and I will plan my investment strategy under the assumption that bankers would rather keep their job than ensure that their bosses boss gets his next million dollar bonus, but, hey, that's just me.
Bankers may be the most honorable sacrificial altruistic and noble people willing to die for their collective beliefs that central control must be strictly and exclusively adopted.
But I think that they are just as cowardly and afraid of real free market competition as their bosses, and will act in their own self interest as those whom they serve.
So, no, I still don't believe that all bankers will unite to take a bullet for their bosses.
http://247wallst.com/banking-finance/2015/05/29/a-new-wave-of-bank-layoffs-with-more-to-come/You might be the honorable type of person to accept the layoff graciously so that your boss can afford his third vacation home, but I'm the type who would rather embrace new technology to hit my profit target to keep my family fed for another year. We are just different people that's all.
The exaggerated tin foil hat meme that all bankers are collectively evil on all levels and ready to die for their beliefs is oversimplified and distracting from the complicated reality of life on earth.