(APPLE co-founder) Steve Wozniak prints his own pads of $2 bills... and spends them.
Steve Wozniak, "You can get arrested for them, but you cannot get convicted because you are in the right."

I declare "The author of this article is clueless...."

Of all the virtual currencies out there, BitCoin is the most interesting from a technical perspective - and the least interesting from the business point of view. But aside from its status as a technical marvel, it has little practical benefit for business users or consumers.

Here are seven reasons why....

Austin Hay is still in high school, but he’s building his own house. It’s only 130 square feet, but it makes him a homeowner without a mortgage at just 16 years old.

Ron Paul's "Audit the Fed" bill has passed committee and will be voted on the house floor this month. Campaign for Liberty has an online petitition at the link.

A few weeks ago the Royal Canadian Mint rolled out MintChip, a digital currency that is “better than cash.” It isn’t an alternative currency in that it’s a digital representation of the sovereign currency — the Canadian dollar.

(U//FOUO) Bitcoin – A decentralized, peer-to-peer (P2P) network-based virtual currency – provides a venue for individuals to generate, transfer, launder, and steal illicit funds with some anonymity. Bitcoin offers many of the same challenges associated with other virtual currencies, such as WebMoney, and adds unique complexities for investigators because of its decentralized nature.

First They decided to get rid of pennies, no the Canadian Mint looks to completely digital currency.

It's the end of the line for Canada's humble penny. The government has decided the lowest denomination coin is more trouble than it's worth, so the Royal Canadian Mint will stop distributing the penny this fall. "It costs taxpayers a penny-and-a-half every time we make one. We will, therefore, stop making them.", said Finance Minister Jim Flaherty.

Federal Reserve officials are considering a new type of quantitative easing that will allegedly attempt to boost the economy without accelerating inflation. Under the new approach, the Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. And if you believe that will work, I've got a bridge to nowhere I think you'll be very interested in purchasing...

Eric Schmidt compliments bitcoin, saying it is "a great idea". He also reveals that Google was working on a currency of their own which they were going to call Google Bucks. Eric says Google stopped work on their own currency because of legal issues.