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Title: Wall Street Journal Talking about BTC and Charity Post by: Anis on December 10, 2013, 09:08:05 PM Hey Everyone, I thought I would share this article I came across in the WSJ. It was nice that they mentioned Songs of Love in there. Check it out!
http://blogs.wsj.com/moneybeat/2013/12/05/as-bitcoins-wild-ride-heats-up-so-does-the-debate-over-its-viability/?KEYWORDS=songs+of+love+foundation Title: Re: Wall Street Journal Talking about BTC and Charity Post by: jones31 on December 10, 2013, 09:15:28 PM Hey Everyone, I thought I would share this article I came across in the WSJ. It was nice that they mentioned Songs of Love in there. Check it out! http://blogs.wsj.com/moneybeat/2013/12/05/as-bitcoins-wild-ride-heats-up-so-does-the-debate-over-its-viability/?KEYWORDS=songs+of+love+foundation Liked the last part. The Peterson’s Institute’s Posen isn’t buying that. To succeed, he says, bitcoin must become both a store of value for people’s savings and a much more widely accepted unit of account for transactions. But he says investors will be deterred by the extreme volatility from owning bitcoin and that for payments it lacks a key source of leverage enjoyed by currencies issued by the world’s central banks: “You can force someone to accept dollars as a unit of account but you can’t force them to accept bitcoin,” he said. I rarely come across something that I both agree and disagree twice in a row in one paragraph. |