It is beneficial to all traders for everyone to know everything about it.It accepts its dollar price from BitPay, and BitPay accepts Bitcoin from a buyer.If you are in the group that finds public sector policy somehow unacceptable, then bitcoins make more sense, as they remove some money supply tools.
Prostitutes, business suits, and corporate executive lines of duty.All the crappy taxes paid, and I make sure my customers who pay with bitcoin get a discount.
A stronger dollar buys more Bitcoin units per dollar than a weaker dollar.More than the next 25 countries combined. then we sell these bombs to countries that like each other, and after they have them we make them hate each other.Bitcoins can still allow me to buy necessities or invest, because at any rate the merchandise will hit such a high standard of living nearly everything will be free.
So a payoff of very, very large amounts is available to anyone with control.You need to look at velocity of money, and how that is as important as the amount of money.
Eggs have also consistently risen in price much higher than 1-2%.It forces buyers and sellers of all goods to be speculators in both the commodities markets but the currency markets as well.This is precisely the problem, it seems the bitcoin only has future as a highly risky asset.But creating new money is not just some print it to pay debt idea.Mainstream media is nothing more than a barely third party government propaganda agency.
The less you know the more you think you know or so it seems.You would be better served to understand that your predictions are also just that.I am interested in cyber currency as a technology not an investment.But the Greek situation was one where the nation of Greece did NOT have control of their national currency, which amplified all the problems.Ohio set to execute man convicted of back-to-back killings.Get started with Bitcoin: find a wallet, buy bitcoin, shop with bitcoin, read bitcoin news, and get involved on the forum.
The fact that is has been so widely accepted in exchange for oil, and for goods everywhere, is nice, but not critical to me.I meant that creating new currency is a useful tool in fighting recessions.Yet the reason for it being the future of money is usually the same.
Most comments here reveal the lack of understanding people have.I see that for you, it is important to have a nation and currency be separate.I am working with 3 Africa based groups in particular who are already beginning to use bitcoin on a broader scale and to increase international commerce: Sierra Leone Liberty Group (SLLG), Dream Bitcoin Foundation (DBF), as well as another in Botswana (and there is yet another forming in Ughanda).
Dude thanks for the free Bitcoin lesson except that I already knew it.One may be paranoid about the government and trusting of crowd-sources.Gox Bot Buying Bubble, and the Chinese market having free reign at an initially unrestricted BTC market.