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In response to:

Bitcoin Revolution

conservative_librarian Wrote: Jan 15, 2014 4:32 PM
I see the 'back-to-gold!' crowd is out in full force, and apparently someone has been issuing talking points about the use of tulip bulbs as currency as well. there is a fundamental disconnect though in that, at least for the 21st century, gold isnt that much better than tulip bulbs with regard to 'real' value (it does have the benefit of not being perishable, being divisible and verifiable). a good recent write up about currency I came across here http://eddiesblogonenergyandphysics.blogspot.com/2013/11/energy-currency-vs-bitcoin-currency-vs.html ultimately currency is a means to an end, I have been a proponent of a shift to an energy backed currency for some time now... but this isnt to say that the current system couldnt be salvaged with a major restructuring of the Fed / regulatory structure.
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