Monday, April 4, 2011

Russ Roberts discusses digital money

He tells us about Bitcoins. It is digital point to point money, which is experimental.  In stead of a central banker, Bitcoins uses a database robot to make sure a bitcoin user does not issue counterfeit bits.  There are small vendors and services that accept Bitcoins listed here.

I signed up, and I can offer work for Bitcoins sounds fun.  I must suffer the money illusion. 

OK, here is my offer.  Advertisers can put an ad on my site in exchange for Bitcoins. 

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