30 Mar '13, 3am

Bitcoin, an open-source currency, surpasses 20 national currencies in value

1) The order process is much easier because the buyer KNOWS that you can't do a chargeback. All of the silly logging in, entering the three digits on the back of your card, entering the phone number of your card, etc... all go away. You give ONLY the information that is actually needed to complete the order. Until you try it and see all of that hassle disappear, you will never understand how nice it is to be free of the trust issues created by the "normal" system as you call it. 2) When you hold "normal cash" in your pocket, it is losing value. The government is printing more and more. In fact, the word "dollar" is from a german word that means "one ounce of silver." Once upon a time, a silver dollar was one ounce of silver. The net effect of the government printing money and devaluing your "normal cash" has made it drop from one ounce to 1/28th of an ounce. That's right. ...

Full article: http://www.reddit.com/r/technology/comments/1ba9e5/bitcoi...

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