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re: Winklevoss Twins Plan First Fund For Bitcoins
Posted on 7/9/13 at 3:59 am to Broke
Posted on 7/9/13 at 3:59 am to Broke
Speaking of Statist Bastards™, and appropriate to all discussions of currency foibles, let's not forget God's Own Republica Banana - Argentina: from The Economist.
1
Posted on 7/9/13 at 8:50 am to Coeur du Tigre
If Bitcoins were as untraceable and anonymous as Wiki alleges, then why haven't Argentines bought up every available Bitcoin? The total market value of all Bitcoins is less than $1 billion but Argentines hold an estimated $160 billion of illegal American currency. I guess this is proof that there aren't any Argentines as smart as Wiki, and the Winklevoss brothers, since they are foregoing the opportunity to convert their useless fiat currency to the miracle that is crypto-currency.
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