14 Mar '13, 9pm

Is Bitcoin Money?

Privacy is an age of universal email collection and spying, with millions of CCTV camera's, and warrantless spying pervasive; privacy has become virtually non existent and therefore extremely scarce and desirable. Bitcoin can be a completely anonymous transaction that maintains the user's privacy beyond the reach of any authority. So on this point too, the answer is "Yes," Bitcoin fulfills Aristotle's need for having intrinsic value. Privacy is a desirable human right and people would want it even if it wasn't encoded as Bitcoins.

Full article: http://www.huffingtonpost.com/max-keiser/is-bitcoin-money...

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