"Once is bad luck, twice is coincidence. The third time, it's enemy action" --Al Capone.

Not so sure how much value will gold be; in past crisis situations, gold was better than nothing, but often lost 50 - 90% of its value. Guns and ammo, in my opinion, are a far better investment and come with an automatic insurance policy.

it's part of an overall plan. There are upsides and downsides to every investment. In the meantime I like that-my international transactions are not easily tracked by the govt in bitcoin exchange, the cost for international transfers is competitive and easy, I hedge everything.

You can exchange it, IF there's electricity to initiate that exchange.
It only virtually exists, while paper money virtually has value (or no value depending on how you look at it). True, if the power is out, you're not getting money out of an ATM, but dollars in the pocket are better than BC's in a eWallet.
Paper money value doesn't fluctuate much day-to-day, month-to-month. BC does.
In a stable, free world, I think BC could work.
If the markets, and dollars all collapsed, I'm not sure you could exchange BC for gold at that point. I have a love/hate relation with BC. I have trust issues :-)

or DK Halling! ;)

that's not necessarily true. You can exchange your bitcoin for whatever fiat currency you'd like or gold or silver. As well, you can pull your bitcoins out of the exchanges into wallets. Part of its value is that it can be exchanged easily into any currency and cheaper than going through currency exchanges

Or David Baldacci, Vince Flynn, or Brad Thor.

Possible but that doesn't explain the others. Multiple young successful people die under strange circumstances. Mob and terrorists would probably make an example of them. If there is a link, whoever is doing this is trying to be quiet about it.

I do not understand at all how anyone can think the US monetary system is very good. Please explain.

Virtual currencies are used by the underworld and terrorists. Maybe she ran afoul of them.

Wonder how his investment is holding up?

a friend of mine bragged about his son in law creating something with the bitcoin monies that would change the world. I wonder what he thinks now

IMF thought Bitcoin was a threat to the World Currencies - someone had to go.

I don't think it was. If you think US fiat currency is vulnerable, BC was much more vulnerable.
If the power went out around the world tomorrow, your dollar would still physically exist. BC's are gone until the power is restored.
I know we've discussed the value of gold over dollars in a SHTF scenario, but either one of those, is more valuable than a BC.

here is the diffrence between government and private industry...If this was a government initiative this lady would have taken the 5th, got promoted, then retired and then got another government job, while still collecting her retirement. In the private world....THERE ARE CONSIQUENCES TO F-ING UP!

I hope you are wrong but...

I can't get my head around what is going on with bitcoin. I am staying on the sidelines.

Especially this number of successful people. Seemed to have everything to live for.

Now that Newsweek has outed the supposed true creator of Bitcoin, it probably won't be long before he's dead too.

All of these recent financial business deaths in just a few weeks - coincidence? There are coincidences in life, but it's hard to accept this number. I think this is the youngest.

These fly by night bitcoin exchanges took a page out of the central banking book, leverage. The strong will survive. We have to move to an equity-based lending scheme to reduce the casino leverage. Politicians will fight that.

She posted last month about depression.

I like the competition, though, with state-sponsored fiat money. Unlikely many libertarians, I think the US monetary system is very good, but competition wouldn't hurt.

Bitcoin. Why am I not surprised?

Ya know (and some here will disagree with this) I've always felt something is awfully fishy about the whole Bitcoin thing... never bought into it, as it never seemed tangiable. After the past few weeks, I can't say I'm sorry for missing out on this new "financial miracle".

(See: http://www.cnbc.com/id/101463888)