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I think this will go somewhere - like the article is saying about the beginnings of the Internet (especially with the advent of the web in the mid-1990s and it being allowed to be "commercial").
1 posted on 12/02/2013 8:11:17 AM PST by Star Traveler
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To: Star Traveler

What’s this fascination for something that’s really just a bunch of electrons?

This fad will fade as soon as the government figures out what it is and decides how to control, tax or eliminate it.


2 posted on 12/02/2013 8:19:39 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: Star Traveler

Makes it easier for the government to control. Basically a mark of the beats scenario.


3 posted on 12/02/2013 8:19:44 AM PST by Resolute Conservative
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To: Star Traveler

I’m saving up my bitcoins to buy tulip bulbs.


4 posted on 12/02/2013 8:20:34 AM PST by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Star Traveler

Governments will never allow competitive currencies. That’s perhaps the strongest lesson of history.


5 posted on 12/02/2013 8:21:31 AM PST by Sherman Logan
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To: Star Traveler

Another article saying that Bitcoin is simply a whacko “right-winger” dream ...

A Prediction: Bitcoin Is Doomed to Fail
http://www.freerepublic.com/focus/f-news/3097365/posts


6 posted on 12/02/2013 8:28:13 AM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Star Traveler

Bits and Bob [analysis of Bitcoin]
http://www.freerepublic.com/focus/f-news/3097370/posts


9 posted on 12/02/2013 8:45:40 AM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Star Traveler

What’s to stop another crypto-currency from emerging and popping the bitcoin bubble?
Converting cash or PMs into bitcoins seems just a bit risky; how can you be assured that someone isn’t giving you some bogus code?
The thing that is really needed is the ability to covertly transfer assets overseas into a secure non-bank location.


10 posted on 12/02/2013 9:03:36 AM PST by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: Star Traveler

Here’s something from Wired Magazine that gives you some background and history on how it started. However, it’s not a current article as it’s two years old.

The Rise and Fall of Bitcoin
http://www.wired.com/magazine/2011/11/mf_bitcoin/all/


12 posted on 12/02/2013 10:11:42 AM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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