"Fiat money is backed by men with guns; Bitcoin is not. So why should this thing have any value?"--Uber statist economist Paul Krugman.
Wednesday, March 11, 2009
Simple as the title of this post, while being infinitely more intelligent. This was an entry to the "Stop the Bailouts Contest" on right [dot] org. I got a good chuckle out of it, only to get really disturbed when it sank in.