{"id":3987,"date":"2011-01-30T11:38:04","date_gmt":"2011-01-30T18:38:04","guid":{"rendered":"http:\/\/www.backwoodshome.com\/blogs\/ClaireWolfe\/?p=3987"},"modified":"2011-01-30T11:38:04","modified_gmt":"2011-01-30T18:38:04","slug":"bitcoin-techie-comment","status":"publish","type":"post","link":"https:\/\/www.clairewolfe.com\/blog\/2011\/01\/30\/bitcoin-techie-comment\/","title":{"rendered":"Bitcoin: Techie comment?"},"content":{"rendered":"<p><a href=\"http:\/\/www.bitcoin.org\/\" target=\"blank\">Bitcoin<\/a>. An anonymous somebody dropped this link into a recent comments sections. Would any of you techies or econ experts out there care to comment on it?<\/p>\n<p>I&#8217;ve become so inherently distrustful of new online money systems after watching so many fall (and one fall with my money in it) that I admit I no longer even try to evaluate them. I figure they&#8217;ll eventually evaluate themselves via their success or failure in the real world. This one&#8217;s &#8230; different.<\/p>\n<p>And of course, one day one or more of them <i>will<\/i> succeed. And change the world. Probably not this one. But someday &#8230;<\/p>\n<p>Years ago, I heard libertarian economist Joe Furig (RIP) compare the the Federal Reserve to the Vatican. He said it&#8217;ll probably never go away, but eventually it will no longer rule the world and will be nothing more than a minor influence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin. An anonymous somebody dropped this link into a recent comments sections. Would any of you techies or econ experts out there care to comment on it? I&#8217;ve become so inherently distrustful of new online money systems after watching so many fall (and one fall with my money in it) that I admit I no longer even try to evaluate them. I figure they&#8217;ll eventually evaluate themselves via their success or failure in the real world. This one&#8217;s &#8230; different. And of course, one day one or more of them will succeed. And change the world. Probably not this one.&#8230;<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/www.clairewolfe.com\/blog\/2011\/01\/30\/bitcoin-techie-comment\/\">Continue reading<span class=\"screen-reader-text\">Bitcoin: Techie comment?<\/span><\/a><\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,20],"tags":[],"class_list":["post-3987","post","type-post","status-publish","format-standard","hentry","category-computers-and-technology","category-money","ratio-natural","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/3987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/comments?post=3987"}],"version-history":[{"count":0,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/3987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/media?parent=3987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/categories?post=3987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/tags?post=3987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}