POTCOIN

Out of context: Reply #5

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  • ideaist0

    Why Everybody Who Doesn’t Hate Bitcoin Loves It: A New Freakonomics Radio Podcast

    "The gist: thinking of Bitcoin as just a digital currency is like thinking about the Internet as just e-mail. Its potential is much more exciting than that.

    Bitcoin is often described as “virtual gold” — as well as everything from a “bubble” to a “Ponzi scheme” to “a haven for individuals to buy black market items.” But what excites some people, like Silicon Valley veteran Marc Andreessen, is Bitcoin’s potential as a new technology that could underlie any number of transactions, well beyond the simple swapping of currency."

    Podcast -> http://freakonomics.com/2014/03/…

    • Found this to be a nice primer for anyone unfamiliar with the concept, tech, etc.ideaist
    • Nice! thanks a it seems like a money by the people not the federal government or ruling class.teh
    • federal reserve system is a ponzi scheme but millions of serfs concuryurimon

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