
“Economists are up in arms, claiming that bitcoin’s 1000% annual growth is faster than anything they’ve ever seen. Because of that, they lash out, calling bitcoin volatile, a bubble, a pyramid scheme, etc. But don’t worry, we put on our VC glasses, compare the 4.5 year old bicoint to facebook, twitter, google at the same periods in their growth. The result is that Bitcoin’s growth is as exponential, as volatile and as normal as any enormous tech giant. And just for fun we threw in a little bit about feral rats reproducing on a desert island.”
Related posts:
Activists file first lawsuit over "Ag Gag" industrial filming law
Teacher Fired, Reported To Counter-Terror Unit For Expressing Christian Views
TSA Demands Internal Passport for Domestic Travel
A (relatively easy to understand) primer on elliptic curve cryptography
The New York Times Company Sells the Boston Globe at a 96% Loss
“You’re Fired. Want to Work Part-Time?”
Lightning-Like Transformation
Interview with Austin and Beccy of 'Life on Bitcoin' in Singapore
GOP Governors Continue Caving In to ObamaCare Mandates
Demo of Liberty Kiosk bitcoin kiosk machine
IRS: 330K Taxpayers Hit by ‘Get Transcript’ Scam
Doug Casey on how to Hedge Against Political Risk in the Greater Depression
Peter Schiff on Bullion Banks, and the Hidden Trove of QE Money
Bitcoins in Argentina: A New Safe Haven?
Gov. Christie Threatens NJ Residents With Post-Storm Tax Hikes