28 Jan '13, 10pm

Bitcoin’s surging value could threaten central banks:

Bitcoin’s surging value could threaten central banks:

More than the world’s religions, its central banks are sacrosanct. Which is why it’s crazy that Bloomberg is now reporting that they could actually be threatened by the surging value of Bitcoin , the up-start alternative currency started by hackers a couple years ago to make untraceable financial transactions. After an initial spike in interest the value of the Bitcoin dropped from a high of $29.58 to $2.14 in late 2011. But it has since recovered as it’s found more mainstream acceptance with more vendors accepting it for payment, and has bounced back to $16.37. It’s strengthened so much, in fact, that some financial experts are now getting worried that if it continues growing in popularity it could ultimately undermine central banks’ ability to manipulate the economy. Since Bitcoin is decentralized and unregulated, operating on pure supply and demand, it falls outside the...

Full article: http://www.deathandtaxesmag.com/193718/bitcoins-surging-v...

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stratrisks.com 29 Jan '13, 9pm

Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a repo...

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maxkeiser.com 28 Jan '13, 3pm

Bitcoin has doubled in value simply because supply has been halved artificially. Who exactly decides that the reward for s...

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bloomberg.com 28 Jan '13, 9pm

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Bitcoin value has tripled since I first learned...

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bloomberg.com 28 Jan '13, 2pm

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could under...

Alternative Currencies> BITCOIN> Bitcoin’s Gain...

wakingthebull.com 28 Jan '13, 7pm

Wow bitcoin is rocking over 18 now, great call guys under 5. Here is a interesting article. Bitcoin’s Gains May Fuel Centr...

Bitcoin "Could Undermine Central Banks." Woo hoo!

reason.com 29 Jan '13, 7pm

Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a repo...

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bloomberg.com 28 Jan '13, 5pm

U.S. Stocks Little Changed Amid Economic Data, Earnings Watchdog Says U.S. Treasury Failed to Curb AIG, GM Pay Berkshire S...

Bitcoins may #ENDTHEFED.

mobile.bloomberg.com 28 Jan '13, 2pm

Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day By Max Raskin January 27, 2013 7:00 PM EST Click 'Queue' ...

"Bitcoin has more than doubled in the past 12 m...

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could under...

Bitcoin is Booming… and it’s Scaring Central Ba...

reddit.com 30 Jan '13, 7pm

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Bitcoin is Booming…and it’s Scaring Central Ban...

libertyblitzkrieg.com 30 Jan '13, 6pm

Bitcoin. Controversial. Game changing. Complicated yet simple. While most of my non fiat money is in precious metals, ther...

Screw Banks, use #bitcoin

Screw Banks, use #bitcoin

screwbanks.net 03 Feb '13, 2pm

Start Using Bitcoins Learn More Contact Donate This film was funded entirely with bitcoins, including bitcoin crowdfunding...