Gary Gibson joined FSN today. He’s kicking himself in the butt, just as yours truly, for not buying bitcoins when they 50 cents a piece. While the alternative currency is rapidly escalating in price, it could go even higher. At $253 per bitcoin it’s hard to imagine it doing so, but it’s certainly a possibility. This is the first of many emerging digital currencies that willsweep the globe. Perhaps a currency that is locked in at a maximum of 21 million units is more trustworthy than currencies like the dollar and the euro which can be manufactured in infinite quantities. Beware, governments know that this is a major threat to their currency monopoly and it’s just a matter of time till they declare war upon alternative currencies. Be ready!
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