The only way I see it really catching on is if whoever does it can convince the masses that their money isn't going to crash like the federal reserve seems to be headed towards. Microsoft Money has kind of a nice ring to it, but really. Who in their right mind would put that kind of trust in Bill Gates? Now that's funny!
Bitcoin Rises: Digital currency beats paper Seems like a reasonable idea to me. I suppose it might undermine the USA's control of the world economy, but most people in the world would probably see that as a good thing.
Time to Retire The Penny? They are kind of annoying. You can't really use them for anything and they aren't worth hardly anything. They're really not worth keeping around. So, yeah, it's time for them to retire!
Bitcoin rip-off Ripple peddled shamelessy by Business Week
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the role of market making in the orderly functioning of markets which explains the disorderly functioning of Mt.Gox, an exchange missing the vital market making function. They also discuss the virtual specialist technology, payments systems and DDoS attacks. In the second half of the show, Max Keiser talks to Tony Gallippi of Bitpay.com about money in the cloud and bitcoin in transactions.
Bitcoin for dummies Interesting stuff! It's been around since 2009 and it seems to be beginning to catch on. Might be the wave of the future and then again maybe not. We'll just have to wait and see!