Topic: 2012-05-16 huffingtonpost.com - What The Bitcoin Experiment Started (Read 1354 times)
It feel like an incomplete article.
May 17, 2012, 02:52:16 PM
That was a very well done article. Missed the fact a bitcoin is actually worth 5$ and has been for a while now, but w/e.
May 16, 2012, 02:23:44 PM
Quote
After 9/11, Alan Greenspan would lower interest rates dramatically and then have them raised a massive 17 times. Some have said that this created the economic bubble that leads to problems in the housing market.
Did the rise in interest rates really create the housing bubble?
No the lowering did, rise in rates is what exposed the bubble and popped it.
May 16, 2012, 02:17:32 PM
Heh, watch out Tim Worstall! This kid's gunning for your spot at Forbes!
May 16, 2012, 02:12:37 PM
Quote
After 9/11, Alan Greenspan would lower interest rates dramatically and then have them raised a massive 17 times. Some have said that this created the economic bubble that leads to problems in the housing market.
Did the rise in interest rates really create the housing bubble?
May 16, 2012, 08:45:43 AM
A surprisingly balanced article.
May 16, 2012, 07:41:39 AM
Quote
What The Bitcoin Experiment Started
Charles Peralo
2012-05-16
http://www.huffingtonpost.com/charles-peralo
...
The history of Bitcoin is not very pleasant, but it's promising.
...
Moving forward -- Bitcoin or no Bitcoin -- a message was sent out. That message is that people need an alternative and they need an answer. This just puts more pressure on the government to fix the financial system and monetary problems. It puts pressure on entrepreneurs to develop new alternative currencies. Bitcoin was just the first innovation in what will be a revolution likely to take place in the next decade.
Charles Peralo
2012-05-16
http://www.huffingtonpost.com/charles-peralo
...
The history of Bitcoin is not very pleasant, but it's promising.
...
Moving forward -- Bitcoin or no Bitcoin -- a message was sent out. That message is that people need an alternative and they need an answer. This just puts more pressure on the government to fix the financial system and monetary problems. It puts pressure on entrepreneurs to develop new alternative currencies. Bitcoin was just the first innovation in what will be a revolution likely to take place in the next decade.
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