27 Jan '13, 10pm

Beware the Bull about Bitcoin @pbaril @Beautyon_

There is a lot of sloppy thinking going around these day concerning digital currency. Any unethical or amoral use of any unit of exchange says absolutely nothing about the unit itself and everything about the user and the person reporting on that use. Cash, silver, gold, diamonds & digital currencies are all units of value that can be used to purchase things. The fact that you can buy drugs, porn and assassinations with most currencies is utterly beside the monetary point. No real currency was designed for such a single purpose. Even Canadian Tire 'money' can get you a discount on thousands of different products. A trusted currency can be used to buy everything from socks, to computers, to mining shares. It is only intended to flow through efficient networks of exchange, secured by the trust of the parties. Reliable money also maintains its value through an economic crisis...

Full article: http://nunaview.blogspot.com/

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