If you want to see how currencies of the future will be like download the Bitcoin client and start mining and trading today.

Author’s Note: If you aren’t in the habit of listening to poker podcasts, this is your golden opportunity. From news, strategy, interviews, and everything in between, it’s all covered. Below you’ll find a library of shows from December 2012. If my readers (this means you) appreciate this compilation, I’ll continue to assemble and publish this list every month. So click the ‘Like’ button to show your support, and I’ll keep it coming on a monthly basis.

If you want to make bitcoin s you are going to have to mine them. You do that by giving up your processing power to the bitcoin network so it can encrypt transactions. You can create one block every ten minutes. Every block is 50 Bitcoins. You can use your computer to generate them when you are not using it or create mining rigs dedicated for that purpose.

JK: I don’t see it so much as a bubble, but rather an extended period of volatility. You’re going to see points where the price jumps up and bumps down, I don’t see the price exploding, it’s extremely volatile because it’s extremely new, and some people are jumping on it too quickly. Some others who got into it early are cashing out right now. I think the price is going to change a blockchain lot over the next months and couple of years. Right now there are I think over 500 merchants accepting bitcoins through Bitpay, you could rent a hotel room with bitcoins, and more and more people are accepting it as a form of payment. WordPress is the 25th most visited site in the world and they accept bitcoins.

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.

NOTE: For security reasons,due to the fact that hacking is a big crime,don’t hack money into the Liberty Reserve account you use to withdraw your funds. https://bitcoin-qr-code.net/