The strongest evangelisers of Bitcoins have always been libertarians. But an increasing majority of the people interested in Bitcoin are only “libertarianishâ€, despairing of government rather than opposed to it.
I’m not quite sure what to think about Bitcoin but the feature in this weekend’s FT has a healthy level of scepticism which probably mirrors my emotion towards the idea. When a financial asset is ‘interesting’ and fluctuates wildly up and down, I tend to stay away. I’m not anti-government but I also doubt that governments will retain a monopoly on currency forever. To be honest I’m more interested in innovation in banking than in currencies. A user-friendly system for making transactions and financial planning — now that would be truly radical idea.
Related articles
- Bitcoin’s Hope May be Abandoning Anonymity (techzwn.com)
- Draper University to Accept Bitcoins as Tuition Payment (forexlearntrading.net)
- Bitcoin Foundation to double headcount (techcentral.ie)