Saturday, July 27, 2013
Bitcoin Ends The Banks Monopoly ?
Why do privately owned central banks have the right to create money out of thin air and loan it to the government of the people? Surely the government should print its own currency interest free and make interest on loaning that money to the private banks? banks are gansters and gansters are banks
Digital currency Bitcoin is gaining popularity around the globe as people become more and more dissatisfied with the conventional banking system. Instant, safe and nearly anonymous, is what Bitcoin claims to be. It takes no commission for transactions and can be used internationally wherever you have internet access. Is it the currency of the future? We talk to Bitcoin developer from UK Amir Taaki.
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