On 14 Dec 2013, at 23:42, TH Kaas wrote:
It's based on just as much as any medium of exchange. It's also
quite convenient to use, especially for international transfers.
Right.
A money is anything you trust, and which is hard to copy. Bitcoins
might have an added value to the fact that we know more and more than
the traditional banks are not playing the rule, and are hostage of
corporatism. So, bitcoins are more clean.
Although we have to be realist: bitcoins will be quickly taking in
hostage too, as long as corporatism prohibition exists. The objective
value of bitcoins at the beginning was due to the illegal selling of
drugs which reflects better the need than the legal big pharma
economics. When bandits/mafia take power, illegal activity can be more
representative of value than legal one.
Bruno
Op zaterdag 14 december 2013 17:40:25 UTC+1 schreef Roger Clough:
The bitcoin is an international speculative cyber-currency
(based on nothing) that has been inflating rapidly in price.
I would be wary of investing in it because it can drop in value
just as fast as it is rising. It's probably a bubble.
http://www.youtube.com/watch?v=OHVu626uOGE
Dr. Roger B Clough NIST (ret.) [1/1/2000]
See my Leibniz site at
http://independent.academia.edu/RogerClough
This email is free from viruses and malware because avast! Antivirus
protection is active.
--
You received this message because you are subscribed to the Google
Groups "Everything List" group.
To unsubscribe from this group and stop receiving emails from it,
send an email to [email protected].
To post to this group, send email to [email protected].
Visit this group at http://groups.google.com/group/everything-list.
For more options, visit https://groups.google.com/groups/opt_out.
http://iridia.ulb.ac.be/~marchal/
--
You received this message because you are subscribed to the Google Groups
"Everything List" group.
To unsubscribe from this group and stop receiving emails from it, send an email
to [email protected].
To post to this group, send email to [email protected].
Visit this group at http://groups.google.com/group/everything-list.
For more options, visit https://groups.google.com/groups/opt_out.
