So, Bitcoins are becoming popular very fast(google.com)
google.com
So, Bitcoins are becoming popular very fast
http://www.google.com/trends?q=bitcoins
3 comments
Because they're getting a lot of publicity and people think "Ohhh this seems easy, I wonder if I can get rich on this"
That's been my experience talking to people at work anyway.
That's been my experience talking to people at work anyway.
Better because of reduced fraud and reduced transaction fees.
I don't see any fundamental reason why this can't happen with a non-government crypto currency, but it will take some time... and there will be a lot of booms and busts along the way.
The biggest risk is sadly the US government declaring it illegal.