Sunday, February 9, 2014

Doubling Down: Bitcoin Evangelist Won't Back Down

Dealbook reports that Charls Shrem, one of the most visible advocates of Bitcoin, has not backed down from his support of the virtual currency, despite his arrest and accusations of money laundering.     The post mentions Mr. Shrem's dreams of a Bitcoin debit card, different business such as a private charter jet company or a bar taking Bitcoin.  In particular he noted that "Bitcoin really allows you to have such a global life — it allows you to be able to move anywhere within days if you want to."  Let's see, I can travel internationally now at a moment notice, use debit cards, buy drinks and charter a jet (if I had the money).  So what exactly does Bitcoin provide that real currencies cannot? 

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