[2014-03-23] CBS - Bitcoin and the future of money

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http://www.cbsnews.com/videos/bitcoin-and-the-future-of-money/

Video.

"MARCH 23, 2014, 10:55 AM|It's been said that cash is king, but lately it's been getting a little competition from a currency you can't see. It's called Bitcoin. Despite its name, you can't hold it in your hand. It's a digital form of money that only exists in cyberspace, sent globally from one computer to another. You can buy Bitcoin online. The currency is then stored in a digital wallet on your computer. There are no rules or regulations. It's not connected to any bank or government, which suits Bitcoin's anti-establishment advocates just fine. Alexis Christoforous reports."



Thank you "litepresence" from BTC-E trollbox.

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"MARCH 23, 2014, 10:55 AM| There are no rules or regulations. It's not connected to any bank or government, which suits Bitcoin's anti-establishment advocates just fine. Alexis Christoforous reports."

Before you can even get to this ridiculously uninformed 'Anarchist Cookbook' take on Bitcoin, the title alone spells out all the usual mainstream fud by suggesting Bitcoin and "the future of money" are two different things. They are not. They are one in the same.

[CoinMode]

Remember how much the internet used to confuse everybody like vid related?

https://www.youtube.com/watch?v=01Yw225eN6Q