The BitCoin madness spurs innovation only seen on high level banking

[italkcash]

BitCoin is here to stay, there is no doubt about that any longer. Not only is this the new age of money, but it completely toppled what anyone has ever seen in regards to payment systems. For the first time ever in history, there is a way for the common person to have, store, and exchange money without having to answer to a higher institution, what we call Banks and Central Banks today.

BitCoin completely undermines the need for any central authority and especially the need for the overwhelming hysteria of money management that the world is dominated by today. No longer will we need institutions such as Visa and Mastercard to set the worldwide regulations. No longer will we need central banks and Goldman Sachs bosses to run the affairs of the world.

And this puts fears into the people in power. Something new that claims to be decentralized is catching interest from any party in the world.

So BitCoin may die, or force to shut down. But we all know that shutting down a service that serves a reason we all wish for only spurs of a number of offspring's that will completely go out of control. Like E-gold took the hit, a number of similar based payment systems arises, and are now operating well and safe.

Ever heard of Black Polls trading? Well in short big banks offer clients that moves a lot of stock trading to go over Black Polls, thus it doesnt affect the pricing until next trading day when announced. BitCoin innovations are even allowing for such on https://www.mtgox.com/

The BitCoin mining madness also got its fair share of attention on the overclocker board, overclock.net. The administrator shut down a thread about BitCoins. That of course resulted in a number of people all the sudden gaining a lot of interest to BitCoins. Well done Admin, you just gave all your users a reason to go to another board to do what you cannot offer.

Another great resource of BitCoins is also Bitcoin Blogger to check the latest and greates news about BitCoins.

In a short time, Italkcash.com will allow people to use BitCoins on Italkcash.com for different services. More on this will come later.