My thoughts on Bitcoin ...'Heading to Zillow to check condo prices on Mt. Gox $Z (new blog post) $FB
Posted by Howard on March 13th, 2013 Share on StockTwits I am no economist. I have never been a gold bug. No matter how bad you think government is today, they have been worse. I watched Ben Hur. When Michael Lazerow and I were first discussing Buddy Media in 2007, his first product idea was facebook money…’Ace Bucks’. That’s NOT what Salesforce bought. My good pal Yoni at Etoro who I think is way ahead of the curve on these things is a super bull on the idea of bitcoins. Yoni is the founder of Etoro (I am an investor). A ‘bitcoin’ is a decentralized and digital currency . You can make fun of it but it feels like it is here to stay this time. Bitcoins have had two crashes to date, the first one slowly taking it’s value down 80 plus percent (a few years ago) and yesterday there was a bitcoin flash crash (the coins are back near all-time highs). I would rather go to Mt. Gox ...