Bitcoin cyber currency mentioned on the Max Keiser show.

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Uploaded by on Dec 27, 2010

The bitcoin currency differs from national currencies because there is not central bank or other central controlling interest. It is entirely decentralized. Bitcoins are transferred between individuals or businesses by specifying their Bitcoin address. Transactions travel through the peer-to-peer network created by those who are running the Bitcoin client software.

Full Keiser report featuring bitcoin:
http://www.youtube.com/watch?v=VMngK0t5WkY

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Education

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  • fuck the governments, long live the bitcoin

  • Max comes off as a jerk that has no idea

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All Comments (23)

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  • @patmac573 you can get them through the mt. gox site. there are various ways to exchange.

    also you can start 'mining' which in essence means you enter the lottery. you can get around 1 bitcoin per week for the next year or so

  • I need to know how to buy bitcoins

  • @Boodieman72 but he does have an idea...

  • @Boodieman72 He's currently leading the Greek revolt. A jerk that has no idea?

    You sir, are a troll failure.

  • he behaves and talks like a teenage boy in puperty

  • @mistoroboto Well, if I ever invest in any digital currency outside of the USD, then it will be the Rawdog buck.

  • @ravikingwrath23 All currencies with a finite number of items are a ponzi scheme technically speaking.

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