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Wednesday, June 22, 2011

Bitcoin is one of the first attempts to create a real-world currency with no governments, no central banks, and no rules

The title of this post is why I am so interested in bitcoins. Time will tell whether it works or they get shut down. Right now they are still fixing the collapse and hack.


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Bitcoin is one of the first attempts to create a real-world currency with no governments, no central banks, and no rules

http://maxkeiser.com/2011/06/22/bitcoin-is-one-of-the-first-attempts-to-create-a-real-world-currency-with-no-governments-no-central-banks-and-no-rules/

Stacy Summary: I suspect this is why I get such vitriolic hate mail filled with all sorts of threats when I post any item related to Bitcoin . . . “no governments, no central banks, and no rules.” I hope Bitcoin succeeds and, if not, I hope currencies inspired by Bitcoin come along and succeed where its predecessor failed. I will post all hate mail along with email addresses on this thread as they come in.

Bitcoin is one of the first attempts to create a real-world currency with no governments, no central banks, and no rules
Bitcoin isn’t the currency of an online game or Facebook fad – it’s one of the first attempts to create a real-world currency with no governments, no central banks, and no rules. More than 6,500,000 Bitcoins are in circulation, in an online economy, which was worth over $180m shortly before June’s hack.

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z

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