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| Subject: Is bitcoin more than a passing fad? Tue Nov 26, 2013 11:19 pm | |
| How can bitcoin be anything but a passing fad?
It seems you can’t open a newspaper or read a website these days without hearing about the super-yet-mysterious virtual currency known as bitcoin.
It will go the same way of Paris Hilton. People will move on to the next thing. Peter Leeds, Penny Stock newsletter
Everyone’s talking about it. Richard Branson just began accepting bitcoin as a form of payment for flights on Virgin Galactic, which offers commercial spaceflights.
The Chinese website Baidu endorsed the currency, and lawmakers in Washington are holding hearings about it. Even Ben Bernanke, the Federal Reserve chairman, told senators in a letter that virtual currencies “may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.”
Read more: http://www.smh.com.au/business/world-business/is-bitcoin-more-than-a-passing-fad-20131126-2y79p.html#ixzz2log9xz5c
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