Max Keiser : Bitcoin The New Currency to Stick it to the Banks

Max Keiser on Bitcoin Currency : Abby Martin talks to Max Keiser, host of the Keiser Report, about the global economy and the growing popularity of the decentralized digital currency known as the Bitcoin.
 it has a limit. you can't cointerfeit  Bcoin, due to the energy used to make a transaction. plus Bcoin can't inflate, lose purchasing power or be diluted ergo 1BC=1BC.

Bitcoin and other digital currencies using the code of BCoin will make a decentralised plethora of currencies ie. Bcoin, Tcoin, FCoin, even Fed coin.
though because of the consensus of Bcoin, Tcoins and alt currencies will NEVER expand Bcoin AS Bcoin, the code wont register. the data can't be converted into 20+ million Bcoins

it's an asset, it's not fiat (unlimited)
there will be only 20 million in the world.
thereby Bitcoin, is like a comodity, (gold standard)
plus Bitcoin's velocity is quite fast thus because it's not a currency.
it's like metal.

Bitcoins much safer than Money in Banks

Bitcoin's 'anything goes' nature has made it a target for hackers, who quickly learned to steal the virtual money. But William Mook, an entrepreneur who tracks bitcoin markets, says the actual damage is being exaggerated.
bitcoin specifically has *many* great things. where i think fails:
>its user base is growing when it should be stable;
>people are trying to use it to earn money;
>speculators scaring newcomers;
>hoarders holding on to it until it is worth a gazzilion other value.
Its a currency, for trading, measuring value, you know... stretching rubber as a ruler is not good. So, not using it solely for the purpose of facilitating trading actually removes value from it.
The bubble has the size of the lack of actual trade being done with it, the sum of it's users unwillingness/inability to get paid in bc, and ability/willingness to pay with bc.

North Korean Missile Test Delayed by Windows 8

"North Korea’s official news agency announced today that the military’s planned missile test had been put on hold because of “problems with Windows 8.” Intelligence analysts said that the announcement gave rare insight into the inner workings of North Korea’s missile program, which until last year had been running on Windows 95. The announcement from the Korean Central News Agency (KCNA) did not indicate a new scheduled time for a missile test, saying only that it was “working with Windows 8 support to resolve the issue.” In the words of one intelligence analyst, “That means the test been delayed indefinitely.” A source close to the North Korean regime reported that Supreme Leader Kim Jong-un is furious about the Windows 8 problems and is considering a number of options, including declaring war on Microsoft." - April Russo from Bookmarklet
http://www.newyorker.com/online...

North Korea May Launch Missiles Today Or Tomorrow But I Think Going To Wind Up Soon

If a country doesn’t want to get its hands dirty they put the capability to do something in the hands of another country. North Korea has had help from more capable countries than their own pathetic scientists and engineers. Super powers don’t like going at it headon unless they have a sneak attack or killer advantage. Imagine giving Korea a superior nuclear warhead masquerading as a joke to slip by the American’s defences and cause harm in so many ways none the least confidence in the American’s abilities to protect. Of course North Korea pays the ultimate price with the true manipulator sitting in the background capitalizing on the situation.

Is Bitcoin The Future of Money ?

Bitcoins are a digital, decentralized currency used by thousands worldwide, and the idea is growing quickly. We take a look at the pros and cons of the controversial replacement for cash which aims to take on the banks.

Bitcoin is the world's first fully decentralized, peer-to-peer (p2p) virtual currency. It allows users to make anonymous and untraceable cash transactions anywhere in the world without any sort of real-world intermediary. So unlike PayPal and other online services, it can't be squeezed in the same way by governments or other control agents.

Created in 2009 by a shadowy figure who goes by the name Satoshi Nakamoto, there are currently about 6 million bitcoins in circulation. That number will eventually rise, in regular intervals, to a total of 21 million by 2033. A money system without any sort of central bank? A currency whose supply increases at a steady and predictable rate according to a concept elucidated by the Nobel laureate economist Milton Friedman?

Just how revolutionary is Bitcoin?