From To: Jeffrey Epstein <[email protected]> Subject: Fwd: [Dewayne-Net] Bitcoin will prosper — until governments orb =?windows-12527Q? anks_decide_to_crush_it_overnight_= Date: Sun, 14 Jul 2013 00:56:19 +0000 And - joi had a great time with you Typos, misspellings courtesy of iPhone word & thought substitution. Begin forwarded message: From: Dewayne Hendricks Date: July 13, 2013, 5:10:12 PM PDT To: Multiple recipients of Dewayne-Net Subject: [Dewayne-Net] Bitcoin will prosper — until governments or b =?window s-1252?Q? anks_decide to crush it overnight = Reply-To: [Note: This item comes from friend Mike Cheponis. DLH] From: Michael Cheponis Subject: Bitcoin will prosper — until governments or banks decide to crush it overnight — Tech News and Analysis Date: July 13, 2013 2:19:44 PM PDT To: Bitcoin will prosper — until governments or banks decide to crush it overnight By Tammer Kamel, Guest Contributor July 13 2013 ovemight/> SUMMARY: For all the talk of Bitcoin's brilliance and disruptive potential, what will prevent it from ever being mainstream is that the disruptees — big banks and especially governments — will intervene. Every currency created since the advent of money 2,700 years ago has fit nicely into one of two classifications: Either it was a representative money system, deriving its worth from a link to some physical store of value like gold, silver or gemstones; or it was fiat, deriving its value from the fact that a government or central authority guaranteed it. Bitcoin, the world's most successful digital currency, defies this time-tested classification system: It is neither fiat nor representative. It is not fiat, because its supply is actually finite and, more importantly, it lacks any central backing authority. (Click here for a good primer on the tech behind Bitcoin). Nor is it representative, because it is not linked to anything physical. Thus the intemet has (once again) spawned a phenomenon that is inexplica