Why is the interest so high in Russia in particular? It looks like it has double the hits as any other country.
Not for the best reasons I suppose...
I don't think it is cracker and criminals. This would be too high of a result for such a small segment of the population.
I have a few friends that are Russian…they went to great lengths to escape the communist regime during the 80's and don't hold governmental systems in high regard. Having lived through a collapse of an economic system, I suspect many middle aged people in Russia would be much more receptive to alternative currencies such as bitcoin.
Interesting insight!
Agreed. It is easy to trust in the promises of political leaders, but when that trust is undermined, it is undermined in a big way.
All around the world people are starting to distrust the economic policies of national fiat money producers. Quantitative easing does not put dollar holders at ease. This is why precious metals are off the chart in price. This is also why our little bitcoin project has such a pulse. Yes, it was a great invention, but even better it was a great invention at just the right time.
It doesn't take much to get people running for the hills from a questionable currency. For this reason I think that there will be a second crazy bitcoin bubble when a fiat currency faces a crisis of confidence. I don't think it will last though, and their will be another dip after the bubble.
Ok, enough reading tea leaves for one day
