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Adding 6200 percent, bitcoin was the biggest economic winner of 2013. However, a lot remains unclear about how the virtual currency works and is created. RT spoke to Robin Tiegland from the Stockholm School of Economics to shed a little light.
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can't eat gold and you can't drink a bitcoin
Any one of the fiat currencies are worthless until they're used to buy tangibles, e.g. goods and services. The mere fact that people are using Bitcoin as a medium of exchange legitimises it just the same as any other (even fiat) currency.
I OW: You can't shove money into your car's gas tank to get it to run, but you CAN use it to buy gas; you can't live long by eating money, but you can use money to buy food.
bit-coin and other Alt currency are the future for on-line
payments for goods and services!
So many scamm that people make tons of money a month.. STOP the Bullshit!!
Lets go back to barter!
duhhh...... same goes with all money. What does that have to do with anything?
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