Stossel: Bitcoin revolution

Stossel1

“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/

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