People moving money to sterling for the Scottish vote of independence. Pretty much a billion dollar bet on Scots to say no, 18-8 hours before it happened.

Okay let us make some things clear.

Bitcoin is not great because it is fast, it's great because it's fast, you don't need anything to buy it but a wallet address in your head. It works for a number of other reasons we all no doubt no by this stage. So why forget previous argument pro bitcoin.

Even if the inventor turned out to keep the 1 million bitcoins to himself and even if this was set up as some sort of pyramid scheme, bitcoin still as a technology offers serious advantage. The main one, most people don't realise is transparency. Sure it has some anonymity, and a further bonus, if needed with effort, you can track someone back to a source (with great effort), it provides a safe and secure system, bound by mathematics, in the same way we don't have two people with the same finger print, we won't have two people randomly generate wallets. And if you are smart to spread over wallets, the most someone will lose to chance will be nothing to worry about. If you are smart that is, unlike mt.gox.

If you are thinking of buying altcoins and look at some of these third parties, like nxtcoin, remember the reason bitcoin works well is because you don't have third parties and high fees/spreads.

Back to transparency. In economics, Keynes and such talk about measuring some funky equations some of you won't know, but basically, we are measuring money supply, velocity, demand, spend rate and so on. Another way to rant on, is to talk about a computer model for the economic system. In simple terms, most financial theory is maths, not social science as we are led to believe (teleb points this out quite to the point). It is simply maths, and a computer can do maths. One major problem is that you can't be sure exactly how much cash (in all respects - M0,M1, M2,M3, M4... ) is currently in the economy. You can't measure it as well. If you could most markets would offer less profit incentive as it would be widely easy to predict and measure. Bitcoin, is fully transparent and will change the world if we let it. Why do we need to change the world. It is corrupt. The fact that it is corrupt probably means we can't change it.

Apple... not to worry. How is apple's security these days. Plus it isn't the same. No more needed to be said. This is what barclays tried with contact-less card payments. Didn't adopt so well. Bitcoin, you don't need anything, and people like that.

Final note... F**k Apple. No one gives a shit. It is the same shit. Even the video that came out, telling you a joke about how it's the same shit, then going on to sell you the same shit, while trying to make it not look like the same shit due to the fact that they managed to pull a crack and the start of the advert, that it is in fact... The SAME...F**KiING... SHIT