http://launch.is/blog/l019-bitcoin-p2p-currency-the-most-dangerous-project-weve-ev.html
L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen
DateSunday, May 15, 2011 at 12:37PM
Solid discussions of this piece on BoingBoing.net, Hacker News, Slashdot and Reddit.
Rob Tercek has a follow up to this piece here.
L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen
by Jason Calacanis and the LAUNCH team
A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable. Folks were using it to buy and sell drugs online, support content they liked and worst of all -- gasp! -- play poker.
Bitcoin is a P2P currency that could topple governments, destabilize economies and create uncontrollable global bazaars for contraband.