Post
Topic
Board Speculation
Re: Can someone explain Bitcoin to Jim Rogers?
by
proudhon
on 20/11/2011, 20:43:18 UTC
Ok.

Quote
Dear Jim,

Do you want to be able to have $100 worth of purchasing power today turn into $75 worth of purchasing power tomorrow?  Now there's a somewhat easy way - Bitcoin!  Sign up for a Dwolla account, then begin the week or more process of transferring money from your bank to Dwolla and finally to MtGox.  Then buy bitcoins on MtGox.  It's so easy!  Next, wait till the next day and almost magically (note: sometimes it can take a few days for the real magic to happen) the purchasing power of your bitcoins will be less than the purchasing power of the dollars you sent to MtGox.  For more information go to bitcoin.org and mtgox.com.  I hope you'll join the revolution!

Proudhon