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Highly technical but good article.
1 posted on 01/18/2014 9:17:00 AM PST by Errant
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...

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2 posted on 01/18/2014 9:17:47 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant
Anything the big-government/big-corporate crony-fascist complex can't control is good.
3 posted on 01/18/2014 9:18:31 AM PST by E. Pluribus Unum (Who knew that one day professional wrestling would be less fake than professional journalism?)
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To: Errant

http://en.wikipedia.org/wiki/Tulip_mania

Nothing new...


6 posted on 01/18/2014 9:25:16 AM PST by Snickering Hound
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To: Errant
Someone has to explain invented 'money' is revolutionary ?

Maybe they have to explin how to get enough to actually be worth the trouble ... but not the fact itself

algore is SO pissed ... HE thought of carbon credits first ... I'll betcha' he'll sue for copyright infringement.

makin' popcorn right now

11 posted on 01/18/2014 9:46:11 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: Errant
.....In 2013 the FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time. In China, new rules restricted bitcoin exchange for local currency, and the European Banking Authority has warned that Bitcoin lacks consumer protections.....
Transactions do not explicitly identify the payer and payee by name......
.....transaction fees are lower than the 2–3% typically imposed by credit card processors.....

....Bank fees generally constitute a major portion of revenue for the banks....

I have to apply my personal believe of "I am living in the Inverted World"
Whatever they don't like I have to do.
I will look into 'BitMoney'

P.S....seized 144,000 bitcoins....
Ha, Ha that is funny, all they got was zeros and ones. 0010 0011 0010 1000 0000 = 144000

17 posted on 01/18/2014 11:04:58 AM PST by Koracan
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To: Errant

Max Keiser on RT is all over this bitcoin business - he loves it - but today he was talking about some Chromcoin something or other - color-coded coins based on bitcoins - sounds suspiciously like mortgage derivatives to me - pretty soon everything’s so sliced and diced and traunched that people become unsure of what anything’s worth anymore - and we know what happened when that took over with mortgage derivatives......


32 posted on 01/18/2014 9:25:00 PM PST by Intolerant in NJ
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To: Errant

bookmark


36 posted on 01/20/2014 4:08:00 AM PST by Democrat_media (Obama ordered IRS to rig 2012 election and must resign)
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