Bitcoin sounds like a good thing then. Of course as soon as it affects the tax system & the NSA there will likely be new regulations. Maybe even before, since the banking cartel is entrenched in our government. How does Bitcoin survive?

I am not sure what Kaila wants to discuss, but it is becoming clear that bitcoin is becoming digital gold. It has the potential to end Central Banking and change the finance sector so radically it will not be recognizable. Right now the finance sector of the US takes % of the economy. That is absurd as finance is a facilitator not a direct creator..

Bitcoin also has the potential to undermine the NSA and the whole tax system

it's above 4000 today.

What relevace is 3700? Whete did this occur? What backs a bitcoin to make it worth something? A nations currency has value because its backed by gold or the country's potential to produce. If bitcoin is backed by the wealthy or intrnational companies standing on traditional currency, isn't it just a house of cards, scheme to get real dollars for virtual digits?

So , what do you want to discuss? I'm no expert on Bitcoin but intrigued and would like to learn. What is your knowledge?