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To: Errant
He likened Bitcoin to other disruptive technologies such as the personal computer

A PC is tangible asset. A Bitcoin is a virtual currency.

3 posted on 01/23/2014 8:09:10 AM PST by McGruff (How's that Hopey Changey Thingy workin out for ya?)
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To: McGruff
A PC is tangible asset. A Bitcoin is a virtual currency.

He's just using the PC as an analogy and putting Bitcoin in the same category as a worldwide revolution.

4 posted on 01/23/2014 8:16:00 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: McGruff

It is really much more than a currency.

The process is the paradigm shift.

The peer to peer nature, with minimal fees, is the key. Large and small merchants can save millions in fees by adopting the payment system.

I am not saying that Bitcoin is the ultimate winner. But it clearly is the Gorilla. Of course AOL and Yahoo were the Gorillas back in the day. They are pretty much spider monkeys to Google today.


31 posted on 01/23/2014 11:19:40 AM PST by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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