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Discussion in 'Off Topic Discussion' started by realitybites.in, Aug 29, 2009.
that's only one of many history
yes it is a good idea but wat abt the differnsiation of the economic condition of diff countries. thre r lot of issues involved. many countries may not cooperate. like england dint wan use euros n still use pounds. us use dollars. so thre r many issues n ego clashes involved. but the idea is really good.
The central point is to have choice in currencies - a universal currency is fine if there are still real choices of which one.
The two types I like most are the non-government ones ie various 'gold as money' versions like www.goldmoney.com from James Turk, and the first true digital currency, Bitcoins, which I wrote about on my blog http://www.carefulcash.com/cash-by-any-other-name-introducing-bitcoin/
Competition v government fiat currency is good
Word how does Bitcoin compare to something like PayPal? I heard something in the past about a crash in the value of BitCoin, is there any truth in that?
Read some information regarding BitCoin here. http://en.wikipedia.org/wiki/Bitcoin
BitCoin has been the fastest growing stock currency ever with a 1000%+ increase. When it launched, it cost $1 per BitCoin, the price is now slightly over $10 per BitCoin!
Thanks for that Grumpy, very interesting.
Do any of our members own or use BitCoins?