Bitcoin vs. big government

by Bill - 2013-04-10 - in education / news / politics


Nice!

via Bitcoin vs. Big Government

Interest in Bitcoin has surged along with its valuation. Last week saw its exchange rate soar past $100 for the first time ever, landing the virtual currency on the front pages of The Washington Post and the Financial Times. Yet the media frenzy, which has focused on the rapidly rising valuation and its possible causes stemming from the bank crisis in Cyprus, is overlooking Bitcoin's true radical significance — that it can't be controlled by government.

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