04-12-2013, 02:20 AM
I've been hearing about bitcoin a lot in the news. So it seems they take all currency from around the world, and turn it into bitcoin currency which is non-national. Problem is, it's not real or recognized currency, so your at the mercy of whoever created this system, but from what I've read, it's pretty safe, but I don't understand why. I also read that several countries passed laws for bitcoin and other online currencies of no denomination to regulate this new trend to stop money laundering and tax evasion. My take on it is this is the way of the future, and it's only the matter of a few decades before we have a one world currency.
"The true value of a human being is determined primarily by the measure and the sense in which he has attained liberation from the self." -Albert Einsetin