[PLUG-TALK] [PLUG] Bitcoin, banks, and government
Nicholas Chappell
nick at intronic.org
Mon Dec 31 21:56:25 UTC 2012
While the Federal Reserve's judgment is definitely not fool-proof, Bitcoin is not immune from wild fluctuations either:
http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/
It's eerily similar to the wild fluctuations in US dollar values that occurred in the 1800s, especially the second half.
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