An alternative to the Dollar?
As posted at www.futuremoneytrends.com on 9/15/12
What is "Bitcoin"?
Back in The Profit Center Blog #177 from 6/6/11, we posted the clip above which provided a short introduction to "Bitcoin" . . .
Understanding Bitcoin Security
In this 9/15/12 interview conducted by VisionVictory, Trace Mayer of Run To Gold & How To Vanish
uses excellent analogies and explanations in order to help people grasp
what "Bitcoin" is, what "bitcoins" are, how it works, and why you
should care.
With
the current global fiat money system coming to an end, why not invest
30 minutes to learn about this acceleratingly popular alternative
currency known as "Bitcoin".
QUOTES
5:27: Regarding the Bitcoin code, "It's open source; so far there hasn't been anyone that's able to compromise the code"
6:13:
"It allows for capital to be accumulated and be saved and stored in a
much better way I think than necessarily gold or silver"
6:51: "Currently the Bitcoin network is secured by processing power. Approximately 250 petaFLOPS. The department of Energy just built a supercomputer for $1.2 Billion that has 15 petaFLOPs"
MORE INFORMATION
To learn more about bitcoins, see:
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