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.
Makes it easier for the government to control. Basically a mark of the beats scenario.
I’m saving up my bitcoins to buy tulip bulbs.
Governments will never allow competitive currencies. That’s perhaps the strongest lesson of history.
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
Bits and Bob [analysis of Bitcoin]
http://www.freerepublic.com/focus/f-news/3097370/posts
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.
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/