I just read this is one excellently awesome monster of an article on Bitcoin written by our favorite philosopher/economist/finance/privacy guru Trace, which I really think everyone should read, understand and spread as far and as wide as possible. I really enjoyed the entire thing, my jaw simply dropped when I saw Udacity lessons on Bitcoin which is something I didn't know about and can be discussed and read about here:
https://bitcointalk.org/index.php?topic=83011.0Here's a snippet of the article that can be found here:
http://www.runtogold.com/2012/11/why-bitcoin-is-tangible-digging-into-the-guts-of-bitcoin/Why Bitcoin Is Tangible – Digging Into The Guts Of Bitcoin
by Trace Mayer, J.D. on November 8, 2012
Reading time: 16 – 26 minutes
Some supposed monetary theorists assert that Bitcoin is not tangible. This is no doubt a problem due to the prison house of language the human mind dwells in when trying to convey ideas. But this conclusion is either the result of either confused definitions or incorrect being based on several faulty premises and flawed logical reasoning. Bitcoins are tangible assets.
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Continue reading at the link above.
Trace my friend, you have once again outdone yourself with this one. Please, do not ever stop spreading your message that I so vehemently believe in!