18 Sep '13, 11am

Former #Facebook founders want to make #Bitcoin the ‘Internet of Money’ via @wickchris

While many Bitcoin enthusiasts would be excited at seeing the alternative currency reach the mainstream, the unfortunate truth is, Bitcoin works best in a peer to peer, one to one system, and not through government regulation which will inevitably destroy the foundations of the money. In today’s paper markets, stocks, commodities, and currencies are easily manipulated by the major investing firms that control trading through their front line HFT systems and tradingdesks. Bringing Bitcoin to that playing field is a sure fire way to devalue the currency in ways the founders of the digital money never dreamed of.

Full article: http://chriswick.ca/former-facebook-founders-want-to-make...

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