alternative currency

By KingHenryI on Fri, Mar 14, 2014 - 7:21am

SIlver and it's future for the next 10 years

So I'm a young investor that plays poker for a living and has down pretty well overall and sometimes has an up and down financial rollercoaster at times. but is interested in silver as a potential to hoarde money away for later and for pure fun of collecting all the 1 0z coins and bars... what you guys think about silver and its future?  curenlty there is no currency in the world that is back by a metallic standard and more importantly it just looks fun. would like all sorts of opions and advice...thanks for reading :)




By snafui on Mon, Mar 11, 2013 - 9:46pm

bitcoin problem - blockchain fork - solution in place

A major problem with bitcoin was discovered Monday 3/11. The new version of the software (version 0.8) created an incompatibility with bitcoin mining. My understanding is clients mining using version 0.8 created an incompatible blockchain with version 0.7. The solution is for folks who are mining to revert to 0.7 and in a short time the 0.7 chain should resume being the dominate chain. Near-live updates are showing up here:

By snafui on Fri, Mar 8, 2013 - 4:04pm

problem solving v. acceptance

I think when considering alternative electronic money we must take a step back and ask ourselves what problem does the money solve, or is it just a novelty. Does the new money generate less problems, less risk, and more stability? These are issues that we on this site may find important. But I'm not so sure Average Joe will agree and be willing to jump on board, especially if it ends up being less convenient. I'll use bitcoin often but I mean any currency replacement for the purposes of this discussion and try to keep it vague.


Bitcoin interest group

Bitcoins are a form of digital currency that can be transacted peer-to-peer, have cryptography at their digital DNA heart, and have a mechanism of creation (digital mining by running the creation software on a powerful computer) that makes their scarcity profile very much like that of a finite natural resource...