On 05/16/11 14:13, Sirtaj Singh Kang wrote: > > On 16-May-11, at 4:39 PM, Srini RamaKrishnan wrote: > [snip] >> I don't know much about BitCoin, but my initial thoughts were that >> this is unenforceable as an alternative monetary standard without a >> global power behind it. > > As the hawala system has proven, a currency has as much value as what > anyone is willing to offer in exchange. Are there people willing to > accept bitcoins as payment for "real" goods and services?
You bet: http://bitmunchies.com/ > > -Taj. > ABS -- Alaric Snell-Pym http://www.snell-pym.org.uk/alaric/