Bitcoin P2P Cryptocurrency

Subject: Bitcoin P2P Cryptocurrency Fri Oct 08, 2010 4:56 am

Bitcoin is a peer-to-peer network based digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:

* Transfer money easily through the Internet, without having to trust middlemen.
* Third parties can’t prevent or control your transactions.
* Bitcoin transactions are practically free, whereas credit cards and online payment systems typically cost 1-5% per transaction plus various other merchant fees up to hundreds of dollars.
* Be safe from the instability caused by fractional reserve banking and bad policies of central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by the banks.

Bitcoin is an open source project created by Satoshi Nakamoto, and is currently in beta development stage. Bitcoin development is hosted at SourceForge.

ANCAPS: ANARCHO-CAPITALISTS

Subject: Re: Bitcoin P2P Cryptocurrency Sun May 29, 2011 2:10 am

This Non-Fiat Currency Is Up Over 1,000% In The Last Month

Currencies rarely ever move more than 3 or 4% in any given month but there is one currency that has skyrocketed. It's a new, digital currency called Bitcoin and it could very well be the future of money.

We first found out about it a few months ago from friend and subscriber, Jeremy Bernal who we met at Doug Casey's La Estancia de Cafayate in Argentina (we told you that some of the world's most interesting people are building homes there and Jeremy is just another example). He told us about this new digital currency which is completely unregulatable, untrackable and as long as the internet exists there is no possible way for any government to shut it down. We told Jeremy he had us at "unregulatable".

Already, the statists and governments are lining up to try to slander the currency. They state the same old tired propaganda, "because it is untrackable it could be used for money laundering by people who sell drugs or weapons".

More: ANCAPS: ANARCHO-CAPITALISTS

Subject: Re: Bitcoin P2P Cryptocurrency Tue Nov 19, 2013 1:53 am

Quote :: Subject: Bitcoin P2P Cryptocurrency Fri Oct 08, 2010 9:56 pm

October 07 [2010] Exchange rate started climbing up from $0.06/BTC after several flat months.
https://en.bitcoin.it/wiki/History

A 10,000 fold rise in 3 years!!!!

Oh man

Bitcoin P2P Cryptocurrency

Bitcoin P2P Cryptocurrency

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