Bitcoin use appears attractive and desirable because of lower transaction costs, more privacy, and no loss of purchasing power due to inflation

The Skinny on Bitcoin

By Dr. Ileana Johnson Paugh —— Bio and Archives--January 13, 2014

American Politics, News | Comments | Back To Full Article

Precious metals, gold, silver, copper, have been used as payment for goods and services as early as 2500 B.C. Such money made of precious metals was called commodity currency because it had intrinsic value, the precious metal which could be melted or shorn on the edges to make gold dust.

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