
“While crypto-currencies remain insulated from central bank manipulation, governments have thus far been tolerant, perhaps because their capability to track transactions is more advanced than Bitcoin believers admit. Nevertheless, the advent of crypto-currencies represents the increasing popular demand for a currency insulated from political debasement and bank profiteering. Crypto-currencies represent a legitimate attempt by private citizens to reassert their sovereignty over such government actions. I appreciate the effort, and I believe it holds much promise. But for now, I will stay with the traditional store of value, gold.”
http://www.streetinsider.com/Commodities/Bitcoin+Takes+on+Gold/9011560.html
Related posts:
What Bitcoin investors are funding?
Jeffrey Tucker: Is There A Viable Alternative To College?
Bill Bonner: You Say You Want a Revolution
Will Grigg: "Ominous Threats" and Murderous Zeal
Is Nicotine Really Any Different Than Caffeine?
Jacob Hornberger: The Evil of the National-Security State, Part 1
Pippa Malmgren on Success
Could They Really Take Away Your Citizenship?
White House Lies Undermine Its Credibility
Bill Bonner: What I'm Doing With My Money Now
The Hidden History of World War I
Ashton Kutcher Acceptance Speech - Teen Choice Awards 2013
About That Supposed Correlation of the U.S. Dollar and Gold....
How Congress Puts Itself Above the Law
Manipulation of the Gold Price