Bitcoin Forum

Bitcoin => Press => Topic started by: mccorvic on March 22, 2013, 12:59:25 PM



Title: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: mccorvic on March 22, 2013, 12:59:25 PM
http://www.salon.com/2013/03/22/a_libertarian_nightmare_bitcoin_meets_big_government/

Quote
Bitcoins are undeniably cool: marvelously “mined” from the ore of computer processing power and electricity; more ready for prime time than any previous experiment in purely digital money. And Bitcoins, increasingly, are a success. At a Thursday afternoon all-time-high valuation of $72 per Bitcoin, there were around $700 million worth of Bitcoins in circulation. People are using Bitcoins to buy real goods and services, to hedge against European financial calamity, and to score drugs. That’s money.

If nothing else, Salon thinks we're cool :)


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: Pteppic on March 22, 2013, 01:16:08 PM
If nothing else, Salon thinks we're cool :)

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  ;)


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: inge on March 22, 2013, 01:43:28 PM
Bitcoins are the Black Swan currency for Big Government:+)

Regards, Inge


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: mccorvic on March 22, 2013, 01:46:20 PM
If nothing else, Salon thinks we're cool :)

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  ;)

A man can dream though, can't he? A man can dream...


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: Zomdifros on March 22, 2013, 02:37:23 PM
If nothing else, Salon thinks we're cool :)

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  ;)

A man can dream though, can't he? A man can dream...

Yeah, I think we're cool.


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: Fuzzy on March 22, 2013, 03:32:59 PM
Quote
there were around $700 million worth of Bitcoins in circulation.


That's a bit of a misleading figure.


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: foggyb on March 22, 2013, 07:07:59 PM
Quote
there were around $700 million worth of Bitcoins in circulation.


That's a bit of a misleading figure.

Yes, because the market cap is more like 800 million.


Title: Re: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"
Post by: alexanderanon on March 22, 2013, 07:13:48 PM
market cap=/=value of all coins in circulation