Re:Bitcoin exchange rate reached $100 USD per BTC
by dobbsbob on Monday April 01, 2013 @01:35PM
(#5474556)
Bitcoin will never be a government backed cryptocurrency they will make their own like Canada is doing. Governments want to track all money, and be able to print trillions to fight illegal wars bitcoin/gold standard prevent that behaviour.
To me bitcoin is excellent for e-commerce because of it's secure signatures you can use for escrow, proof of payment, decentralization so nobody can interfere with your commerce and safety for me as a merchant to prevent fraud.
To me bitcoin is excellent for e-commerce because of it's secure signatures you can use for escrow, proof of payment, decentralization so nobody can interfere with your commerce and safety for me as a merchant to prevent fraud.