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To: Stat Man

Yeah, Bitcoin and its imitators are great....just don’t try to buy a loaf of bread with the stuff.


11 posted on 03/29/2016 9:27:58 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: Fred911
"Yeah, Bitcoin and its imitators are great....just don’t try to buy a loaf of bread with the stuff."

It doesn't yet make a lot of sense to use it in a country with a stable currency, such as the US or the rest of the West. But in places without stable currencies, perhaps you'd be surprised to find out that digital currencies are traded for goods much more.

There are some serious problems with Bitcoin and its imitators so far. But I know some people working on some solutions to those problems, and I think the future of such currencies is bright. Lots of technologies have growing pains, and digital currency is no different.

15 posted on 03/29/2016 11:55:43 AM PDT by Stat Man
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