“I bought Bitcoins even though I don’t understand how Bitcoin mining works. I also worry that someone will hack into my Bitcoin account and steal my money, or maybe hack into the whole system and devalue Bitcoins by creating millions of new ones. But risky as this new currency may be, I still trust it more than I trust politicians. When my fellow baby boomers demand our promised Medicare payments and discover that government promised trillions more in benefits than it can ever pay for, I assume politicians will print dollars until they are nearly worthless. So, I put my savings into Bitcoins when they sold for $140 each.”
http://www.wnd.com/2014/01/bitcoin-revolution/
Related posts:
30,000 California inmates launch hunger strike against ‘state-sanctioned torture’
Anonymous gift of $250,000 in gold arrives in wrecked Japanese seaport ahead of tsunami anniversary
Scientists confirm water extraction helped trigger deadly 2011 quake in Spain
The end of the mortgage party? Home lending plummets at big banks
French central bank warns against using bitcoin
Bank of England deputy governor Paul Tucker warned banks they could collapse 'before Christmas'
U.S. Marshals lose track of 2,000 encrypted two-way radios
Anti-China riots in Vietnam ease after 1,400 protesters arrested
Ron Paul blasts establishment in Ron Paul Channel debut
Woman with HIV alleges police bias in suit against Dearborn
Superlawyer Jim Bopp takes on McCain-backed FATCA tax law
Bulgarian government resigns amid protests
Czech Republic Legalizes Medical Marijuana Use
Indian public sector banks launch two-day strike
Eric Holder Owes the American People an Apology