27 Sep '13, 3pm

Earn it, stash it, fritter it away: bitcoin’s role in the journey of life

Earn it, stash it, fritter it away: bitcoin’s role in the journey of life

Welcome to the CoinDesk Weekly Review 27th September 2013 – a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host … John Law . Cashing in with cryptosalaries Was it like this when money was invented? Imagine being a member of a tribe where you get your tools by giving the axe-maker a couple of goats, eat what you reap, and swap ten hours’ stonework with a bloke from the next village for a handful of beads for the wife. It all works well enough, until someone turns up with a handful of metal bits and says they’re worth so many goats or so many arrowheads and why not make the leap? Would you believe them? What if nobody else agreed? And what if the bloke from the next village would only give you metal bits in exchange for your work? It’s certainly like that for the ...

Full article: http://www.coindesk.com/earn-stash-fritter-away-bitcoins-...

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