From Liberty Blitzkrieg:
The more I learn about Bitcoin, the more I support it. In fact, the only donations we accept on this site are Bitcoin donations.
As I mentioned in a post late last summer, I think it represents another way to fight back against the current repressive and immoral monetary system that has a strangle hold on the planet.
Ever since WordPress.com (the extremely popular blogging platform and 22nd-most popular site on the internet), decided to accept Bitcoin as payment last November, the value of Bitcoins versus the U.S. dollar has more than doubled.
The esoteric crypto-currency continues to gain popularity and technologies to make it even more user friendly are popping up all over the place. The latest is the Bitcoin ATM, which could be a serious game changer for adoption. From CNET:
NASHUA, N.H. — Zach Harvey has an ambitious plan to accelerate adoption of the Internet’s favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs that will let you buy Bitcoins anonymously.
It’s the opposite of a traditional automated teller that dispenses currency. Instead, these Bitcoin ATMs will accept dollar bills — using the same validation mechanism as vending machines — and instantly convert the amount to Bitcoins and deposit the result in your account...
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More on currencies:
An unusual currency development you should keep an eye on
These charts suggest a major currency crisis could be underway
Not just gold and silver: This unusual "currency" could help protect you from out-of-control government