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Living Room / BoingBoing Update on Bitcoin Alternatives
« Last post by mouser on July 25, 2011, 11:27 AM »I have to say this Bitcoin thing makes no sense to me -- but then neither does any of economic theory.
Today boingboing has a nice couple of links to an alternative proposal that uses some of the same ideas as bitcoin, and a link to a crazy true story of how a virtual currency in Brazil solved a huge country-wide financial crisis in Brazil by tricking people into thinking their currency had magically become stable.
Am I the only person who gets the feeling that the entire world economy is one big confidence game sham?
Today boingboing has a nice couple of links to an alternative proposal that uses some of the same ideas as bitcoin, and a link to a crazy true story of how a virtual currency in Brazil solved a huge country-wide financial crisis in Brazil by tricking people into thinking their currency had magically become stable.
Am I the only person who gets the feeling that the entire world economy is one big confidence game sham?

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