Will Bitcoin Destroy the Gold Market?

Dave Bellamy

Bitcoin is the digital peer to peer currency launched around 2009 with little or no monetary value at the time. It was even discussed back then whether it would ever have any use or monetary value. Now each unit is worth over $10,000, varying from day to day as it trades and there are about 17 million Bitcoin units outstanding, giving a total market value of around $170 billion to the current Bitcoin currency supply...

Will Bitcoin Destroy the Current Financial System?

Dave Bellamy

As I write this on Word 2007, I just noticed that Bitcoin has a red line underneath it; it was not in the dictionary. I just put it into the dictionary. I wonder if the new versions of the various word processors have this term. Does the Oxford English Dictionary have it? They need to have it in there, now...