Bitcoin

6 Jun

Today I stumbled on an article about Bitcoin, a newish online currency:
http://techland.time.com/2011/04/16/online-cash-bitcoin-could-challenge-…
http://www.bitcoin.org/

I don’t quite understand how it all works, but it’s based on peer-to-peer anonymous online transactions. It’s like BitTorrent where there is no central server–so there’s no way a government could really stop or regulate it. Time will tell, but I think this could be an efficient and streamlined solution for overthrowing the central bank parasites. Uranus, ruler of technology, the Promethean archetype that steals the power from the gods and gives it to the people, may have struck again!

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