It’s starting to feel like investing in Bitcoin is like buying microsoft or apple shares when they first came on the market.
Estimated US money supply in 2009 was 8 trillion.
8,000,000,000,000 divided by total possible bitcoins 21,000,000 = 380,952 per bitcoin.
Article about Coinbase.com (making buying and selling bitcoins easy using a U.S. bank account) and the founder http://joecascio.net/joecblog/2012/11/30/coinbase-com-finally-a-simple-cheap-way-to-buy-bitcoin/
Investing is mathematics. Gain or loss measures demand for productivity or resources over time (people, places and things). Risk is a measure of trust. Math is the intellectual component and trust is the emotional component. Financial ethics is the perception of benefit or harm of human endeavours.
I enjoy lunch and nourishing conversation at Jardin Escondido with Ginna.
There is rapid price drop in bitcoin as I am watching episode 7 of Touch. This assists me in discovering new aspects of buying and selling bitcoins.
