Five years ago, I found myself in Buenos Aires, Argentina on a long-awaited vacation to the South American country. The country has a very European flavor with some 97% of its population having Euro roots. Specifically, there is a concentration of Italian and German surnames in that country. It was interesting to me as a native Central American how there were so many famous people from Argentina with Italian names (Manu Ginobili of NBA fame and Gabriela Sabatini from the world of tennis). This Italian heritage definitely comes into play in Argentine politics.
Jered Kenna: We relaunched before the price increase, we hoped to be the first there and ride the wave. There has been a lot more interest from institutional investors, the VC community is really picking it up now so a lot of tech investors are getting into bitcoin and putting money directly into bitcoin superstar. That’s also fueling the price increase. Some investors are looking at it seriously.
Ryan Eriquezzo WSOP Circuit Champion makes an bitcoin online inspirational return to the show as he nears the end of his self-imposed month hiatus from poker. There is much to learn from this young poker star who is quickly proving to be wise beyond his years. [Visit Website] [Download MP3].
There were some “freelancers” offering to provide this service, but I would caution against that. Mostly because you have to provide them with your address, which we were not comfortable doing.
Another good e-currency is Pecunix. This is again an online payment system that is backed by gold. Pecunix essentially works the same as E-gold, so they do not buy and sell their own currency, and it is again stored in the account you have with them.
In the 90s, Argentina’s debt continued to increase. Their lender of last resort, the IMF, continued to lend and extend payment schedules. Much IMF funding comes from the U.S. Our lender of last resort, the Fed, has continued to lend to the government and for all intents and purposes, are extending payment schedules since debt is continually rolled over. Consider the Fed is doing this in order to fill a void by reluctant private lenders at currently low interest rates and to keep those same interest rates low – yet more distortion.
Bitcoins are a true 21st century currency. If you want to see how currencies of the future will be like download the Bitcoin client and start mining and trading today.