“The crypto-currency Bitcoin is still merely a speck on the global monetary landscape. It is young, experimental, and for all we know, it may ultimately fail to break into the monetary mainstream. However, on a conceptual level I am willing to call it a work of genius and arguably the most exciting development in the field of money for more than 130 years. Let’s say since the start of the Classical Gold Standard in 1879. Does this sound like hyperbole? Well, let me explain.”
http://detlevschlichter.com/2013/04/could-bitcoin-be-the-money-of-the-future/
Related posts:
Robert Wenzel: An Examination of Key Factors in the Collapse of the Soviet Union
FATCA: Making the world support US Homelanders
The “Chechen Connection”, Al Qaeda and the Boston Marathon Bombings
The Keynesian Architects of the U.S. Warfare State - Joseph T. Salerno
Sitka Pacific Strategy Letter, August 2013
Will Grigg: "Ominous Threats" and Murderous Zeal
Ethan Nadelmann: Why we need to end the War on Drugs
Bruce Schneier: Why are we spending $7 billion per year on TSA?
Carlo Ponzi, Alias Uncle Sam
The hustlers and parasites who make up Washington's establishment
David Galland: The Other Side of the Wall
Eric Margolis: Korea, One Of The World's Five Most Strategic Nations
John Hussman: Yes, This Is An Equity Bubble
Colorado’s New Cannabis Economy
Who Owns Congress? The NSA or the FED?