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Old 11-18-2013, 09:35 AM  
Paul
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Join Date: Nov 2002
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Quote:
Originally Posted by RandyRandy View Post
Where are you getting this information from? And what research backs up that information. We all know (or should know) that the US$ is pumped up by the Fed and not backed by gold and could be worthless one day. Why is BitCoin any better - it could be shut down by the Feds anytime. Tell me why I'm wrong.
Quite recently China basically green lit these digital currencies with a number of programs about it on their state run TV stations. After this... interest from China started going through the roof.

The biggest ASIC company is based in China, very soon the biggest Bitcoin exchange will be based in China - btcchina.com

The US can control and pressurize most countries around the world but not China, now that China is on board there's no stopping it.
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