Bitcoin

[Mr. Sandman]

To me the intrinsic value of a bit coin is zero and I think when someone realizes it it will go to zero.

But I guess if someone will pay 700 bucks for "nothing" than great. The amazing thing is there are very few things you can buy with a bit coin. I can't imagine this working and I am amazed the feds see it as legal

[JackK]

You can buy all the drugs you want with bitcoins, and have them shipped USPS to your house. I'm talking weed/coke/acid/meth/heroin... Crazy stuff. As far as I can tell that's the only use for the currency (but I really don't know much about it).

I didn't even know what a bitcoin was until the bust last month. Ulbricht wasn't the only one hosting those services though, and Silk Road opened back up a few weeks ago.