Bitcoin To Possibly Rival The US Dollar, Could It Be Staging Itself As A Global Reserve Currency?

 

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It’s true Bitcoin is and has been steadily growing in use increasing its user base more than 1400% in one year. This because “it is immune to government or bank manipulation” -Max Keiser.
If true this has become the semi-perfect solution to traditional monetary policy as crypto-currency is not governed by any central authority.
This is a very interesting concept and hopefully we will know more in the coming months. As Bitcoin currency cannot be manipulated it may soon become a widely used global currency possibly overtaking traditional currency notes and even the current global reserve currency, The US Dollar.

 

Max Keiser talks about bitcoin:
http://rt.com/shows/keiser-report/episode-416-max-keiser-005/

http://www.youtube.com/watch?v=sMcZF4810ao

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Miguel

I’m a bilingual Network Engineer. I have over 20 Years of Professional experience in Computer Science & Information Technology. I currently own and operate Web Semantics (www.websemantics.com) in Vancouver, Washington. I provide bilingual (English & Spanish) enterprise-level IT support to small and medium-sized businesses across the West Coast.

Soy un ingeniero de redes bilingüe. Tengo más de 20 años de experiencia profesional en ciencias de la computación y tecnología de la información. Actualmente poseo y opero Web Semantics (www.websemantics.com) en Vancouver, Washington. Proporciono soporte de IT/Informática bilingüe (inglés y español) a nivel empresarial a pequeñas y medianas empresas en toda la costa oeste.

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