Uuhhh ...
http://nakedsecurity.sophos.com/2011/06/21/bitcoin-currency-collapse-where-=
next-for-digital-cash/

RiB

On Tue, Jun 21, 2011 at 09:35, RussellMc <apptechnz@gmail.com> wrote:

> Slouch hat.
> Vaguely smoking brain feeling:
>
>
> This (so far) does seem to be a legitimate and possibly useful topic
> of discussion.
> As "bitcoin" provides a currency with anonymity somewhere between cash
> and centralised banking systems it has the potential for abuse BUT it
> is (AFAICS) in no way illegal or wrong in its own right.
>
> Just as one would not normally assign moral or legal "values" to
> "cash", this is (it appears to me) a novel but real means of exchange
> with value based on the commodities it is used to pay for.
>
> I don't expect I will be using it :-)
>
> See
>
>     > http://en.wikipedia.org/wiki/Bitcoin
>
> for explanation of system including terms such as "mining".
>
>
>         Russell
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