Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Elwar on September 07, 2011, 09:06:53 PM



Title: The Bitcoin System: a revolutionary new currency
Post by: Elwar on September 07, 2011, 09:06:53 PM
Not too long ago I stumbled upon a new concept that caught my attention due to the nature of the idea and the sophistication of its structure. Although I really wasn’t able to grasp its definition, I was intrigued and eager to do some research about these “bitcoins” people were talking about. I discovered that Bitcoins are a new intangible electronic currency developed under a non-regulated money market structure and with limited supply that will give the term “economic freedom” a whole new meaning. All this sounded to me like something that could be either the beginning of an economic revolution or simply as an arbitrary currency scheme with the potential of creating another “bursting bubble” that could echo the dot.com era. The reality is that the bitcoin is much more complex than a simple currency; bitcoin is a whole new financial technology.

Continued...
http://www.strategicsourceror.com/2011/09/bitcoin-system-revolutionary-new.html


Title: Re: The Bitcoin System: a revolutionary new currency
Post by: Stephen Gornick on September 07, 2011, 09:22:17 PM
Heh ... one of the comments was someone trying to be a smart ass:

"Meh, Not interested until someone will exchange cashews for bitcoins."

Response:
 - http://bitmunchies.com/product_info.php?products_id=232

and there's actually dozens of results to the search for cashews on SearchBitcoin.com:
 - http://www.searchbitcoin.com


Title: Re: The Bitcoin System: a revolutionary new currency
Post by: evoorhees on September 07, 2011, 09:45:26 PM
Heh ... one of the comments was someone trying to be a smart ass:

"Meh, Not interested until someone will exchange cashews for bitcoins."

Response:
 - http://bitmunchies.com/product_info.php?products_id=232

and there's actually dozens of results to the search for cashews on SearchBitcoin.com:
 - http://www.searchbitcoin.com

LOL he commented again and said, "Okay, I'm convinced"  Hahaha I think critical mass has now been achieved.