Bitcoins $60.00... Rises while FIAT currency continue to fallSubmitted by PeacefulAnarchism on Wed, 03/06/2013 - 10:31
Back here with an update on Bitcoin. It's trading at about $46.50 this morning and as I predicted well on it's way to $100 and over. Who would have thought that a currency modeled on principles held within the Austrian school of economics would flourish against those FIAT paper currencies that those Keynesians love so much.
I know for some, Bitcoins is a concept so far removed from the current paradigm it's difficult to make the mental leap. Those people will get left on the side of the road, for your own sake do some research and try to understand the mechanics behind it. If anybody should be on board with this it's libertarians. It is really an ingenious and Revolutionary concept. What's so exciting about it is we still at the beginning of it all.
Online retail stores are just beginning to accept Bitcoins. Other business are opening the doors, exchanges are opening up, and eventually it will become more popular than any FIAT currency.
Fight for Liberty use Bitcoins