Anyone else been following the remarkable climb of Bitcoins? This money is mined with computers. You set your machines to crack open codes and get money for it. Unlike US and other fiat nationsl currencies you just can't print more so people are looking to hold onto it instead of US dollars. A high tech version of gold. The value is over $200 each and has been rising fast. It is tempting but I wonder if the bubble is due to burst.
Thomas Sowell: There are no solutions, just trade-offs.
BITCOIN is a BARTER service, requires no currency(s) to participate and is FREE. Encryption using public/private keys are used and unless you reveal your private key....is essentially hack proof. MIT under an open license passes the software free. The banks and feds are scared sh...tless and passing much missinfo accordingly.
Once registered if you desire you can buy BITCOINS with a currency or barter coins......the coins are traded ALSO in a market on line......purely a choice.
