Mega Article about Bitcoin: The Only True Free Market Currency in the World?

by Aaron Hoddinott April 8, 2013.

Contents:

• 1 Changing The Paradigm
• 2 Bitcoin: Defining the Free Market
• 3 Fundamentals of Bitcoin
• 4 Creating Coins
• 5 Central Authority
• 6 Bitcoin Math
• 7 Risk Of Counterfeit
• 8 The US Dollar – Not a Free Market Currency
• 9 Bitcoin – A True Free Market Currency
• 10 Single World Currency
• 11 The Antiquated
• 12 Free Market Expansion
• 13 S.W.O.T. Analysis
• 13.0.1 About Aaron Hoddinott

Changing The Paradigm

Many entrepreneurs aren’t familiar with what Bitcoin is or exactly how it works. And those who have read about Bitcoin online have most likely been subjected to misleading information, thanks to a lot of lazy journalism by writers who don’t have a clue what they are talking about.

There are a lot of misconceptions about the digital currency being plastered all over the internet these days. Several major media outlets have covered this developing currency, but they aren’t explaining its fundamentals nor practicality properly. In fact, most mainstream media outlets are deeming the digital currency as somewhat of a joke – a fad if you will. I can assure you though, Bitcoin is no joke, and it has made early adopters fortunes in recent years.

Bitcoin, in my opinion, is a compelling example of free market innovation and if adopted on a large scale, could open up markets to entrepreneurs like never before (caveat: I don’t endorse Bitcoin in the slightest, but, conceptually, and if broadly adopted, it could be a force).

Simply put, since 2009 there has been no asset class on the planet which has increased in value more than Bitcoin. As entrepreneurs and investors, that makes Bitcoin extremely relevant. - Read more here: http://capitalistcreations.com/the-only-true-free-market-currency-in-the-world