Bitcoins are here to stay. The more people educate themselves about the irresponsibility’s of the government with tax payers (citizens) money and the money printing by the Federal Reserve that is causing huge inflation/increase in cost of living the more people will look towards Bitcoin and other crypto currency which does not allow governments to abuse the money supply that causes so much boom and bust.
Due to the recent NSA spying on just about everybody in the U.S and abroad, Corporations that want to set up shop in the U.S or not “do not” want to have their data stored in any U.S.A controlled region of the world.
Any data stored in United States or areas controlled by U.S.A like Puerto Rico by corporations and organizations is subject to be NSA spying or with the stroke of a pen, the U.S government can take a peak into the data of companies and individuals.
The Chinese internet giant is now accepting Bitcoins for its Jiasule website acceleration service. This is a big move and endorsement for Bitcoin in China.
It would seem that while, the United States is cracking down on Bitcoin, businesses in China are more and more starting to adopt it.
Also, Chinese citizens are adopting Bitcoins at an alarming rate, with the most ever downloads of the Bitcoin client coming from the country in the last year. Read the full article at CoinDesk
The big U.S media companies are at it again. This time they are striking Canada after trying to get SOPA approved in the United States, but met with lots of opposition from the internet community.
The large media companies however is also trying this in Europe with a law called ACTA, which is currently being protested by people in Europe. These laws do not serve anyone but the large corporations and give them too much power. The power to shut down websites for minor copyright infractions.
ZeroHegde has an article about “Job Creators, Internet Architects and Security Experts Hate SOPA”, have a read if you value “Freedom of Speech” on the internet. If S.O.P.A goes through you will see thousands upon thousands of websites shutdown, if the U.S government thinks it is violating copyright or against propaganda.
This is a great short documentary on Marc Andressen, the pioneer that built the visual / graphical web browser Mosaic (Netscape Navigator) and eventually got over 1 million users in the 1990’s and to now exploded into the internet we know today.