2013-03-22 Salon "A libertarian nightmare: Bitcoin meets Big Government"

[mccorvic]

http://www.salon.com/2013/03/22/a_libertarian_nightmare_bitcoin_meets_big_government/

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

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[Pteppic]

If nothing else, Salon thinks we're cool

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

[inge]

Bitcoins are the Black Swan currency for Big Government:+)

Regards, Inge

[mccorvic]

If nothing else, Salon thinks we're cool

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

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

[Zomdifros]

If nothing else, Salon thinks we're cool

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

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

Yeah, I think we're cool.

[Fuzzy]

there were around $700 million worth of Bitcoins in circulation.

That's a bit of a misleading figure.

[foggyb]

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]

market cap=/=value of all coins in circulation