You cannot control how BitCoins will be used and what behavior BitCoins will inspire.
All that said, we like where BitCoin is going. Especially blockchain technology.
I love BitCoin because it has people thinking there just might be a better way to run civilization. With its initial limelight somewhat behind us, it’s interesting to look at aspects of BitCoin which make is way too similar to currencies of the day and why I think that is a problem. I love the idea … Continue reading BitCoin is just another currency
A future post will explain why Bitcoin is an economic reform dead end. This article from Huffington Post, however, was too good to resist. Should it surprise you that the US Attorney's Office arrested Bitcoin Exchange CEO Charlie Shrem and another person, apparently an "underground exchanger", for offenses including conspiring to commit money laundering and … Continue reading Bitcoin Exchange CEO Arrested