tag:blogger.com,1999:blog-5207550747227359267.post6354106710779295971..comments2024-03-13T09:26:30.351-04:00Comments on PunkPatriot.com: Alternative Currency: BitCoinThe Punk Patriothttp://www.blogger.com/profile/02671149620207872986noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5207550747227359267.post-39668535019931731182011-06-21T00:24:58.050-04:002011-06-21T00:24:58.050-04:00Looks like the senate has begun to take attention ...Looks like the senate has begun to take attention to it, because of the "silk road", a market where you can use bitcoins to buy narcotics. We'll see what happens next.<br /><br />I was always skeptical since day one of it since it seems some attempt to implement "Austrian" economics in it's purest sense.TiradeFactionhttps://www.blogger.com/profile/06760660346802297769noreply@blogger.comtag:blogger.com,1999:blog-5207550747227359267.post-40674920730128700552011-06-20T22:02:16.633-04:002011-06-20T22:02:16.633-04:00I never started using it.I never started using it.The Punk Patriothttps://www.blogger.com/profile/02671149620207872986noreply@blogger.comtag:blogger.com,1999:blog-5207550747227359267.post-6144151507005293352011-06-20T17:31:01.849-04:002011-06-20T17:31:01.849-04:00LOL..how's that bitcoin working out for you to...LOL..how's that bitcoin working out for you today!Infinite Typing Monkeyshttps://www.blogger.com/profile/09876676192792777884noreply@blogger.comtag:blogger.com,1999:blog-5207550747227359267.post-34987388310919814612011-02-27T22:47:12.130-05:002011-02-27T22:47:12.130-05:00I've known about Bitcoin for quite some time, ...I've known about Bitcoin for quite some time, it has an very interesting premise, and the fact that it's a "crypto" currency lends itself away from the ability of a central bank from confiscating the currency and squashing it's implementation (Like the depression era Wörgl was in Austria).<br /><br />I'm skeptical of it though, largely because pretty much all the designers of the currency, and participants, are extreme Randian Austrian school of economics types that see this as more of a way to get around taxes than a legitimate way to create a more equitable and better way of exchanging value. <br /><br />We'll see though.TiradeFactionhttps://www.blogger.com/profile/06760660346802297769noreply@blogger.com