
“I don’t see why Bitcoin can’t also grow and become another viable currency, an internet based currency. If enough people accept it, it will be used. It seems to have momentum behind it and it’s intriguing how it’s truly separate from any country or central banks’ manipulation and control. There will be growing pains, like the guy who lost money out of his electronic wallet because he left his computer on all night. Also, Bitcoin will spawn competitors, alternative digital currencies. I think it’s a mistake to write off this currency as a bubble or fad. Will it threaten gold? I don’t think so. I think the two will grow in tandem as alternative currencies to fiat currencies.”
Related posts:
Airport security scrutinized after boy flies to Maui in plane's wheel well
Rich Chinese and Russians Flock to Germany to Spend
China reverts to credit as property slump threatens economy
Obama Defends Use Of Drone Warfare
Obama rebukes North Korea over nuke test and calls for ‘swift’ and ‘credible’ action
China National Nuclear to Raise $2.6 Billion in IPO
Moody’s awards metro Atlanta a ‘credit negative’ for TSPLOST failure
Ex-IMF head Strauss-Kahn denounces treatment in U.S. rape case
Everyone should know how much the government lied to defend the NSA
Russia: U.S. demands to hand over Edward Snowden are ‘ravings and rubbish’
Taxis on Las Vegas Strip go idle in protest of Uber
Lawsuit: Police beat Clayton man after ignoring plea for medical help
Billionaire Soros Cuts U.S. Stocks by 37%, Buys Gold Miner Barrick
Leland cop suspended after arresting man for recording another arrest
California's Cap-and-Trade Revolt: Poor Face 'Hidden' Gas Tax