2012-05-16 huffingtonpost.com - What The Bitcoin Experiment Started

[julz]

What The Bitcoin Experiment Started


Charles Peralo
2012-05-16


http://www.huffingtonpost.com/charles-peralo

...
The history of Bitcoin is not very pleasant, but it's promising.
...

Moving forward -- Bitcoin or no Bitcoin -- a message was sent out. That message is that people need an alternative and they need an answer. This just puts more pressure on the government to fix the financial system and monetary problems. It puts pressure on entrepreneurs to develop new alternative currencies. Bitcoin was just the first innovation in what will be a revolution likely to take place in the next decade.

[hazek]

A surprisingly balanced article.

[Stephen Gornick]

After 9/11, Alan Greenspan would lower interest rates dramatically and then have them raised a massive 17 times. Some have said that this created the economic bubble that leads to problems in the housing market.

Did the rise in interest rates really create the housing bubble?

[Stephen Gornick]

Heh, watch out Tim Worstall!  This kid's gunning for your spot at Forbes!

[hazek]

After 9/11, Alan Greenspan would lower interest rates dramatically and then have them raised a massive 17 times. Some have said that this created the economic bubble that leads to problems in the housing market.

Did the rise in interest rates really create the housing bubble?

No the lowering did, rise in rates is what exposed the bubble and popped it.

[GenTarkin]

That was a very well done article. Missed the fact a bitcoin is actually worth 5$ and has been for a while now, but w/e.

[kiba]

It feel like an incomplete article.