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Author Topic: With Amazon minting currency, Fed at risk [bitcoin mentioned]  (Read 1321 times)

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With Amazon minting currency, Fed at risk
(By Matthew Lynn)

LONDON (MarketWatch) — Central banks are not exactly short of things to worry about right now.

If so, Amazon coins will be far from alone. The virtual web currency BitCoin has already attracted a huge amount of publicity — and is steadily gaining in both circulation and value. After a crash last year — regrettably virtual currencies are just as prone to booms and busts as the real sort — it has steadied at around $25 and has gained acceptance.

Read the full article

Commentary: In future, good money could drive out the bad

At least they are about to understand bitcoin is a better solution.
« Last Edit: February 15, 2013, 05:59:45 PM by »
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