THURSDAY / DECEMBER 21, 2017
NY Times: The Bitcoin Boom: In Code We Trust
NY Times: How the Winklevoss Twins Found Vindication in a Bitcoin Fortune
NY Times: A Bitcoin Hedge Fund’s Return: 25,004% (That Wasn’t a Typo)
NY Times: I Was Wrong About Bitcoin. Here's Why.
REBUTTAL BY
Starting back in 2014, we began noticing more and more requests to post a "Bitcoin" button that would allow readers to donate to TomatoBubble.com with the hot new "crypto-currency" worldwide payment system. Bitcoin and other rapidly emerging cryptos are a form of "decentralized" digital currency, as the system works without a Central Bank or a single administrator.
The Bitcoin network is person-to-person, with transactions between users taking place directly through the use of cryptography only. Bitcoins can be exchanged for other currencies, products, and services. The transactions are automatically verified and recorded in a publicly distributed ledger called a "blockchain."
At first, it seemed like a good way to work around PayPal and fly under the IRS radar, but we just never got around to getting involved because we figured the Feds would eventually catch up to such a "peoples' currency" and shut it down anyway. But now, lo and behold, Bitcoin mania is being heavily promoted by the great and the good of the PRC (Predatory Ruling Class) -- so much so that a single $1 of Bitcoin purchased a few years ago is today worth about $65!
Hyped by the Piranha Press and blessed by the Rothschild Central Banks, digital crypto-currencies -- Bitcoin foremost among them at this time --are exploding in popularity and "value."
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