From:   Bruce Wagner <bruce@onlyonetv.com>
Sent time:   Saturday, November 05, 2011 1:44:41 PM
To:   owsinformation@googlegroups.com; globalrevolutionmedia@googlegroups.com; occupy-wall-street@googlegroups.com
Subject:   SPAM-MED: [GlobalRevolutionMedia] I think we should be discussing Bitcoin more.
 

OWS NYC GA already accepts donations via Bitcoin, but I think we

should be discussing Bitcoin more.

 

Why is there not more discussion about Bitcoin among OWS supporters?

It really is the money of the future, and free of banks, governments,

and corporations.

 

It's open source, completely decentralized, free, no fees, electronic

cash, irreversible transactions, and as anonymous as you want it to

be... It is NOT a company, a bank, an organization, a web site, etc.

  It is peer-to-peer distributed like bittorrent. It is 100% legal.

  Bitcoin can be sent as easily as sending an email.

 

It's the world's first and only 100% decentralized currency --- "the

people's money". It's also limited in quantity. There will never

be more than 21 million Bitcoin. However, infinitely divisible ( for

example, 0.00000001 Bitcoin ). So, in the future, as the value of

Bitcoin goes up... We may be buying a cup of coffee for 5 "millionths

of a Bitcoin".

 

It's also a lot safer than a bank. One Bitcoin was trading for about

$0.06 around November 5, 2010. And now.... one Bitcoin is about

$2.94 as of November 5, 2011. If my math is correct, that's about an

increase of 49 times its value gained in only 12 months.... and, at

that rate of growth... over the course of one year... That was an

annual return on investment of 4900%. ( In the same year, gold went

up 25% and silver went up 50%. Bitcoin went up 4900%. )

 

See http://bitcoinme.com for info. Also, here is an open Google

Group about it https://groups.google.com/forum/#!forum/bitcoinpeople

 

Come to think of it, I should start a regular teach-in about Bitcoin... :-)

 

 

 

Only Love,

 

Bruce

 

 

Bruce Wagner

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