GOOD THINGS AND BAD THINGS ABOUT BITCOINS

Richard Stallman, RT LIVE, Washington, USA
2013, 5 min 5 sec

Online currency Bitcoin has now almost overtaken gold in value. A single bitcoin currently trades for one thousand two hundred dollars – just shy of an ounce of bullion. RT spoke to Dr Richard Stallman, President of the Free Software Foundation about the currency. One advantage, he says, is freedom to spend your money any way you like without the approval of the government or the permission of a payment company, which provides us with a freedom we haven’t been able to experience before, even though at this point, we are not able to buy bitcoins in an anonymous way.