27 Oct '12, 5pm

Death & Taxes | Kurzweil & Bitcoin (what is digital currency?)

Bitcoin is perhaps one of the leading candidates, to be the Internet’s Digital Currency. And if only because it is the most superior technology rather than the one that’s backed by a specific authority. In fact bitcoin was created by an anonymous individual and is backed by anonymous collectives who want to see it rise, not just because they like it as a technology, but because they distrust traditional governments, because they distrust the way in which the current economy is controlled. So they’ve declared autonomy. Bitcoin is the first currency on the internet that has no connection to a national government. Has no connection to anything but the internet economy itself, and as a result, has quickly grown to be very popular. Perhaps among money launderers. Perhaps among web retailers. Certainly wikileaks embraced bitcoin because mastercard, visa and paypal cut them off, ...

Full article: http://www.infonetenergy.com/2012/10/death-and-taxes-kurz...

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Death & Taxes vs. Kurzweil & Bitcoin

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