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

Hi, My name is Miguel Vallejo and I'm the Founder & CEO of Web Semantics (www.websemantics.com). As A Child of the internet I'm a self-taught Web Developer & Network Engineer with over 15 Years of Professional Experience, Specializing in Linux/Unix Systems (Debian, Redhat & CentOS Distributions), Virtualization (KVM & VMware). I have a passion for Network Security, Information Technology, Cloud Infrastructures(Open Stack) , open source Web Development and anything that involves technology. I speak English and Spanish fluently and have worked on and with Bilingual Infrastructures (English & Spanish). I Like challenges and hate anything mundane, I am a bit anti-social (naturally lol...). I dislike those who are dishonest and who like to take advantage of others, like Julian Assange I enjoy crushing bastards.

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