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
Comments
comments
Published by
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 20 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.
View all posts by Miguel
Great work! That is the type of info that are meant to be shared across the web. Shame on Google for not positioning this post upper! Come on over and consult with my web site . Thanks =)