Bitcoin, Gold, & Silver Will SURVIVE GLOBAL IMPLOSION Bix Weir.
What is a Bitcoin?
Bitcoin is a revolutionary decentralized digital cash system that uses a peer to peer network to transfer money anywhere in the world, instantly, at practically no cost. Incredibly, nobody owns Bitcoin, there is no Bitcoin head office, and the software is completely open source!
[Zurich Times] Another point to note that that Blythe Masters the Evil Witch that was managing partner at JP Morgan and Devils Inc for several years made the following statement about Bitcoin;
Addressing the audience, she cautioned that by taking a ‘wait-and-see’ approach to the technology, certain financial providers run the risk of being left behind.
Masters told the audience:
“There’s the fact that there are entire business models that have the risk of being disintermediated if a competitor of yours manages to take full advantage of this technology before you’ve fully appreciated or deployed it.”
If Ms. Masters takes this Block Chain Technology to be see critical that she leaves JP Morgan over it and then starts a startup which has already raised $50 million in venture capital then it should be an indicator that this technology has legs and will be in the future the foundation for the settlement of International Trade and also allowed the Public a way of moving money without Central Banking and Central Government interference just as the Webbot has just recently forecast.