10 Dec '12, 11pm

Warren Mosler comments on Bitcoin:

December 10th, 2012 at 4:27 pm The mindset of bitcoin adherents is mostly indistinguishable from the garden variety hard money goldbug. While bitcoins are virtual and created from thin air, the most appealing property is a hard limit in the creation process on the number of bitcoins which can ever be generated. They want it to be a “thing” like gold that can be hoarded as a store of value. The process of generating bitcoins is even affectionately called mining. Like physical goldbugs they dream of bitcoin as an escape from the clutches of government, taxes and inflation. Once reached, the limit on bitcoin creation is a hard money nirvana where no evil central bank or alchemist or miner with a pick-axe can ever come along to generate more coins to “de-value” their hoard. Reply WARREN MOSLER Reply: December 10th, 2012 at 11:04 pm yes, that’s the mindset of some. but actual u...

Full article: http://moslereconomics.com/2012/12/10/bitcoins-join-globa...

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yro.slashdot.org 08 Dec '12, 11am

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bbc.co.uk 07 Dec '12, 5pm

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Bitcoin Betting Grows in Popularity

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spectrum.ieee.org 11 Dec '12, 6pm

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zdnet.com 10 Dec '12, 6am

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itnews.com.au 11 Dec '12, 8pm

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Bitcoin-Central Gets Bank Status

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fastcompany.com 08 Dec '12, 1am

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engadget.com 09 Dec '12, 8am

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engadget.com 09 Dec '12, 8am

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arstechnica.com 07 Dec '12, 4pm

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