
“Bitcoin is flourishing. And thanks to exchanges like Mt. Gox and sites like Gyft that allow you to spend bitcoins on dollar-denominated gift cards, using bitcoins to freely move digital money between persons will likely remain in demand for some time to come. It’s especially advantageous across borders and along other avenues where it might be difficult or impossible to make such transfers without raising eyebrows, finding oneself in a room with an interrogator, or being blocked altogether.”
http://www.caseyresearch.com/cdd/the-idiots-guide-to-becoming-a-bitcoin-billionaire
Related posts:
Robert P. Murphy: The Economics of Bitcoin
Bill Bonner: A Close Encounter with Zombiedom
Cash in on the Secret Sigma Strategy
A Measure of Our Impoverishment (Which They Hope You Haven’t Noticed)
Ivan Eland: The Endless Cycle of Terrorism
Competing currencies saved Zimbabwe from hyperinflationary collapse
Paul Craig Roberts: 2014 Will Bring More Social Collapse
Never Forget 9/11... And Never Stop Asking What It Really Was
Fifty States of Fear
John Hussman: Recognizing the Risks to Financial Stability
Roger Ver: Why Bitcoin is Important for the World
Hayek to Satoshi and Beyond
Paul Craig Roberts: Humanity Is Drowning In Washington’s Criminality
David Galland: “Trained-Monkey Collaborators of Death”
How long copyright terms make art disappear