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    Author Topic: Article on bitcoin and the future of money  (Read 1305 times)

    • friendsofkim (OP)
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    March 20, 2011, 07:05:55 PM
     #1
    by yours truly.

    "Suspicious of government, and equipped with the technical known how to dodge its influence, these hackers have collaboratively developed bitcoin to the point where it now stands as a viable internet currency."

    http://www.webisteme.com/blog/?p=60

    Feedback welcome

    (ps. this does not constitute investment advice Smiley )

  • friendsofkim (OP)
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    April 02, 2011, 05:31:28 PM
     #2
    Another blog post, this time looking at the possibility of a fractional reserve banking system based on Bitcoin:

    "We are seeing the rise of one of the first viable internet currencies where nobody is control. The growth in size, payments and goods and services offered are evidence of this. However, the future of Bitcoin may look quite different to its origins as a cypher-punk geek project."

    http://www.webisteme.com/blog/?p=192

  • gusti
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    April 02, 2011, 06:21:34 PM
     #3
    do we need another new banking system ?
    what happens if we try to cut that middlemen ?   Wink
    If you don't own the private keys, you don't own the coins.
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