2013-06-25 Bitcoin gains believers despite risk the digital currency

[lewisg]

http://www.indystar.com/article/20130630/BUSINESS/306300014/Bitcoin-gains-believers-despite-risk-digital-currency-could-bust?nclick_check=1

When Indiana insurance agency Beauchamp McSpadden started accepting Bitcoins a few months ago, it saw an immediate uptick in new customers who were eager to pay their insurance premiums using their stash of digital currency.

[vokain]

that's my home state heyy-ooooo. glad the press got it right

[aigeezer]

Pretty good piece, especially by mainstream standards. Hardly any FUD, which is refreshing.

It almost matter-of-factly describes an insurance broker and a dentist accepting BTC in the middle of the heartland.

The headline is a bit creepy, but headlines tend to be like that. Gotta have "believers", gotta have "risk", gotta have "bust".

The only real FUD, imho: "Experts warn investors to proceed with caution. Bitcoin has gained wider acceptance than other digital currencies, but there’s no guarantee it won’t flop — potentially leaving investors with nothing but worthless computer code."

Don't buy more code than you can afford to lose, and only buy things that come with guarantees against flopping, especially investments!