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Author Topic: 2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"  (Read 1139 times)
mccorvic
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March 22, 2013, 12:59:25 PM
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http://www.salon.com/2013/03/22/a_libertarian_nightmare_bitcoin_meets_big_government/

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Bitcoins are undeniably cool: marvelously “mined” from the ore of computer processing power and electricity; more ready for prime time than any previous experiment in purely digital money. And Bitcoins, increasingly, are a success. At a Thursday afternoon all-time-high valuation of $72 per Bitcoin, there were around $700 million worth of Bitcoins in circulation. People are using Bitcoins to buy real goods and services, to hedge against European financial calamity, and to score drugs. That’s money.

If nothing else, Salon thinks we're cool Smiley

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March 22, 2013, 01:16:08 PM
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If nothing else, Salon thinks we're cool Smiley

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  Wink

"Remember too on every occasion which leads you to vexation to apply this principle: not that this is a misfortune, but that to bear it nobly is good fortune." - Marcus Aurelius
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March 22, 2013, 01:43:28 PM
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Bitcoins are the Black Swan currency for Big Government:+)

Regards, Inge

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mccorvic
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March 22, 2013, 01:46:20 PM
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If nothing else, Salon thinks we're cool Smiley

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  Wink

A man can dream though, can't he? A man can dream...

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Zomdifros
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March 22, 2013, 02:37:23 PM
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If nothing else, Salon thinks we're cool Smiley

There's a difference between thinking Bitcoins are cool and thinking Bitcoiners are cool  Wink

A man can dream though, can't he? A man can dream...

Yeah, I think we're cool.

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March 22, 2013, 03:32:59 PM
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there were around $700 million worth of Bitcoins in circulation.


That's a bit of a misleading figure.
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March 22, 2013, 07:07:59 PM
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there were around $700 million worth of Bitcoins in circulation.


That's a bit of a misleading figure.

Yes, because the market cap is more like 800 million.
alexanderanon
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March 22, 2013, 07:13:48 PM
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market cap=/=value of all coins in circulation
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