Subj : Re: Recently uncovered.
To   : BOB KLAHN
From : BOB BREED
Date : Mon Feb 10 2014 08:41 am

-=> BOB KLAHN wrote to BOB BREED <=-

BB> ...

BK>>  So, tell me, is the Bit Coin a money laundering scheme, a Ponzi
BK>>  Scheme, or both?

BB>  It's backed by nothing, much like out paper money.

BB> I see it as a fad and will peak out, then fold.

BK>  Since people have money in it, and if it folds they lose their
BK>  money, I see that as a Ponzi Scheme.



And no regulation at all. :)

However I see some of the casinos in Las Vegas are taking bitcoins now.







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