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Podcast: PRay TeLL, Dr. Hash
Episode: 247 Bitcoin
Description: Bitcoin is imaginary money NOT controlled by government. Its primary appeal is to people who want to evade taxes, or buy cocaine. Bitcoin's promoters claim they save money by eliminating Third Party fees, but Credit Cards are actually a means to loan money to people who don't have it, fees are of a secondary concern to them. Plus, for the segment of the population who have some money, Credit Cards are a convenience without a downside because they actually protect you from thieves & rip-offs, and it costs nothing for that protection. Merchants like credit cards because it brings sales...