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  #1  
Old October 6, 2013, 02:45 PM
Phil
 
Posts: n/a
Default FBI’s shutdown of illicit drug website Silk Road will reveal Bitcoin’s resilience...

Real interesting turn of events in regards to this thread...
https://www.google.com/search?q=FBI%...EYWniAKos4CQAQ
https://www.google.com/search?q=Bitc... =743&dpr=0.9

All the best,
Phil

Last edited by Phil : October 6, 2013 at 02:48 PM. Reason: additional info...
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  #2  
Old October 9, 2013, 07:15 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 3,465
Default Bitcoins and Private currencies...

Quote:
Originally Posted by Phil View Post
Hi Phil,

Thanks for sharing that!

I've been reading about this (and various other things Bitcoin-related)...

My "worry" with Bitcoin, at least in the States, is that the "gummint" tends not to like alternative currencies...

For example, you can read about the creator of "Liberty Dollars" here. He was found guilty of making "counterfeit coins" and described by some as partaking in "domestic terrorism"... (He's still waiting to be sentenced...)

http://www.nytimes.com/2012/10/25/us...anted=all&_r=0

http://en.wikipedia.org/wiki/Bernard_von_NotHaus

I'm not saying that it's right. I'm just pointing out, in general, you don't want the government as your enemy. They will always have deeper pockets than you and more power than you have.

Having said that, there are "private currencies" which are legal in the USA...

(The situation will probably also differ from country to country... Apparently bitcoins have been ruled to be legal currency in Germany...)

Best wishes,

Dien
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  #3  
Old October 10, 2013, 12:46 AM
Phil
 
Posts: n/a
Default Bitcoins & Private currencies... Here's How You'll Make and Save Money in the Future!

Dien,

Definitely good points...

But as Things continue to Change, including [within] the US etc....

It will be interesting to See what Happens with Future opportunities worth considering Getting into...

Including innovative business ideas and Brainstorming profit centers Too! ...

Hot off the Press! ... Just in case you miss the following related ideas...

Here's How You'll Make and Save Money in the Future...
http://io9.com/heres-how-youll-make-...ure-1442974293
http://www.kickstarter.com/projects/...oney-tv-series

All the best,
Phil
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