A Quote by Ravi Subramanian

I would like to implore all the governments of the world to come together to form a protocol to regulate virtual currency. — © Ravi Subramanian
I would like to implore all the governments of the world to come together to form a protocol to regulate virtual currency.
I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.
The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
Virtual currency, where it's called a bitcoin vs. a U.S. dollar, that's going to be stopped. No government will ever support a virtual currency that goes around borders and doesn't have the same controls. It's not going to happen.
The New World Order is a world that has a supernational authority to regulate world commerce and industry; an international organization that would control the production and consumption of oil; an international currency that would replace the dollar; a World Development Fund that would make funds available to free and Communist nations alike; and an international police force to enforce the edicts of the New World Order.
It [a new world order] needs only that the governments of Britain, the United States, France, Germany, and Russia should get together in order to set up an effective control of currency, credit, production, and distribution – that is to say, an effective ‘dictatorship of prosperity,’ for the whole world. The other sixty odd States would have to join in or accommodate themselves to the over-ruling decisions of these major Powers.
Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by any kind of hard currency, it would cause people all around the world to desire that currency for their savings, rather than dollars.
The argument about the need to regulate the digital space has to be weighed against freedom of expression in our society, whether we are interacting in a virtual world or in the real world where we have the growth of so-called 'safe spaces.'
The film is therefore a form of science fiction, in which humans, beasts and machines are on the verge of extinction - 'sacred motors' linked together by a common fate and solidarity, slaves to an increasingly virtual world. A world from which visible machines, real experiences and actions are gradually disappearing.
You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.
The reason that fish form schools, birds form flocks, and bees form swarms is that they are smarter together than they would be apart. They don't take a vote; they don't take a poll: they form a system. They are all interactive and make a decision together in real time.
This century is going to be linked with the virtual world. Maybe in the days to come we will have virtual malls and digital manufacturing. Change is coming fast and we need our urban areas to keep pace with these changes.
I don't recall that I have said and I don't think that I really feel that we need a world government. We need governments of the world that work together and collaborate. But, I can't imagine that there would be any likelihood or even that it would be desirable to have a single government elected by the people of the world.
There's a lot of thought that bitcoin will be a huge threat to existing tax systems or existing ways governments have of controlling currency flows across their border. I personally think governments will do what governments have always done: they will adapt.
Something that looks like a protocol but does not accomplish a task is not a protocol—it’s a waste of time.
For me, it's important to get back to fundamentally what it feels like to be an American. We all come from different backgrounds, but we come together and create this world. It's like a microcosm for the rest of the world. I want people to feel unity when they come to a show.
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