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To: GeronL

Hey, to some who trade those things it’s still currency. Just not enough people got involved to make it universal. Only time will tell what happens with bitcoin but I’m thinking that something is going to replace the US dollar or any other current exchange. And it will be worldwide.


41 posted on 12/02/2013 9:28:28 AM PST by CynicalBear (For I decided to know nothing among you except Jesus Christ)
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To: CynicalBear
Back when I had the dream of creating online currency it was unhackable and you couldn't duplicate it. So in the dream my company issued our own secure ebooks which could not be copied and created an online newspaper. Secure-Cash, Secure-Bank, SecureBooks, Secure Daily.

You purchased secure cash and it was supposed to guard against fluctuations and whatever. At first the government tried to stop businesses from accepting it, how do you tax it? The IRS didn't know what to do with Secure-Cash certificates. So acceptance from offline businesses was slow.

Bitcoin fulfills a lot of that, doesn't it?

49 posted on 12/02/2013 10:00:39 AM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: CynicalBear
Only time will tell what happens with bitcoin but I’m thinking that something is going to replace the US dollar or any other current exchange. And it will be worldwide.

Healthcare tokens.

55 posted on 12/02/2013 11:27:55 AM PST by Ezekiel (All who mourn the destruction of America merit the celebration of her rebirth.)
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