“Imagine a world in which you can buy anything in secret. No banks. No fees. No worries inflation will make today’s money worth less tomorrow. ‘There will be alternatives to the dollar, and this might be one of them,’ said former U.S. congressman Ron Paul. If people start using bitcoins en masse, ‘it’ll go down in history as the destroyer of the dollar,’ Paul added. Bitcoin could serve as a kind of universal alternative currency that is accepted everywhere around the globe. Concerned about the dollar’s inflation? Just move your cash to bitcoins and use them to pay your bills instead. Tired of hefty credit card fees? Bitcoin allows transactions that bypass banks.”
http://money.cnn.com/2013/12/04/technology/bitcoin-libertarian/
Related posts:
Pa. Man Barters With Bacon for Cross-Country Trip
Peaceful Azerbaijan rally against police violence broken up brutally by police
Bitcoin Segment on China State Television
Obama set to sign bill to lower student loan interest rates
Post Office to release fashion line
Americans Gambling on Rates With Most ARMs Since 2008
Obama’s surveillance revisions omit limits on warrantless email searches
The Most Expensive Mile of Subway Track on Earth
Pakistan TV preacher defends Ramadan baby give-away
Theresa May says the internet must now be regulated following attack
Group aims to give out free shotguns in 15 cities
Moody’s considers downgrading top US banks
496 Uber cars seized by NYC taxi police amid crackdown
US photojournalist recounts horror of captivity after escaping al-Qaeda in Syria
Sales of George Orwell’s 1984 skyrocket in wake of spying scandal