By Detlev Schlichter of DetlevSchlichter.com Friday, July 11, 2014 3:31 PM EDT Lately Bitcoin has met with a reception that ranged from sceptical to outright hostile. ... (Mt. Gox, Bitstamp, Coinbase, and many others), bitcoin ‘wallet’ providers, payment services, etc, etc. The Bitcoin phenomenon has now reached the mainstream media where it met with a reception that ranged from sceptical to outright hostile. The recent volatility in the price of bitcoins and the issues ... By Detlev S Schlichter. ... (Mt. Gox, Bitstamp, Coinbase, and many others), bitcoin ‘wallet’ providers, payment services, etc, etc. ... The Bitcoin equities, if we can actually point at any stocks and call them that, maybe OSTK, NVDA, possibly RIOT, don’t seem to be confirming the move. When that happens in precious metals it usually means the rally is a head fake or destined to stall out. Any other “Bitcoin equities” have been ground all the way down into penny stock dust. Bitcoin shares with today’s electronic money that represents items on bank balance sheets the feature of immateriality. But in every other aspect it is much closer to gold: Bitcoin’s supply is strictly limited and inelastic, just as is the case with gold. Bitcoin has no issuing authority that benefits from a money-creation monopoly. (Bitcoin is a medium of exchange that only exists in the virtual world. DS) They are stored in anonymous “electronic wallets,” described by a series of about 33 letters and numbers. Bitcoins can travel from a wallet to a wallet, by means of an online peer-to-peer network transaction.
[index]          
Detlev S. Schlichter is an author and Austrian School Economist. His first book Paper Money Collapse -- The Folly of Elastic Money and the Coming Monetary Breakdown was published by John Wiley ... Das Portal für Systemhäuser, ITK-Händler und Distributoren: Business-Tipps, Technologie-Trends, Channel-News und strategische Ratgeber. For tutoring please call 856.777.0840 I am a registered nurse who helps nursing students pass their NCLEX. I have been a nurse since 1997. I have worked in a... Kryptowährungen: welche Chancen und welche Risiken gibt es bei Bitcoin, Ethereum, Ripple und den vielen anderen digitalen Währungen. In diesem Erlebnisvortrag zeigt Erlebnisredner Detlev Haupt ... Bienvenue sur la chaîne YouTube de Boursorama ! Le portail boursorama.com compte plus de 30 millions de visites mensuelles et plus de 290 millions de pages v...