The Bitcoin Debate: Economics vs. Virtual Reality

What is bitcoin, and why is it suddenly the hottest thing in global currency markets?
April 11 (Bloomberg) -- Bloomberg's Sara Eisen and Economics Editor Michael McKee debate the intrinsic value of Bitcoin as the virtual currency has seen its value plunge due to increased interest. They speak on Bloomberg Television's "In The Loop."

Elizabeth Warren ~ Banking Committee Hearing - Illegal Foreclosures

Senator Elizabeth Warren's opening statement and Q&A at the April 11, 2013 Senate Banking Committee, Subcommittee on Financial Institutions and Consumer Protection Hearing. Panelists include: Mr. Daniel P. Stipano Deputy Chief Counsel Office of the Comptroller of the Currency Mr. Richard Ashton Deputy General Counsel Board of Governors of the Federal Reserve

Tim Rifat : The Rothschild have given the Orders to Attack North Korea

Tim Rifat on Jeff Rense Show
, Endless War - by Tim Rifat 2013 April 10th

Turan (Tim) Rifat was born in Brighton in 1957. He has a university science degree and another in education. Whilst doing his Ph.D., the author decided he’d had enough of mechanistic science, so for the past 15 years he has been researching the paranormal, with the aim of developing its physics, as well as carrying out numerous workshops on healing and personal development. His research task took rather longer than imagined, and led to some unfortunate confrontations with ‘evil’ forces-MI5 being the least of these. Recently, he set up Paranormal Management Systems (PMS), the only company in Europe with expertise in biophysical RMCT that can come close to what the Russians have developed and which outstrips the US knowledge base in the biophysical area. PMS evaluates this military-domain RMCT material and develops it in terms of its applications for business in enhancing profitability and performance. Turan Rifat offers courses and consultancy in the RV/RI field. He is currently writing a book, Remote Viewing: The Story of the Real X-Files, and is planning to follow up this article with one on ESP and telepathy, with reference also to synthetic telepathy (About the Author).

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.