In order to understand bitcoins better it is first necessary to understand money in more general terms and how the financial system works.
If you feel like you don’t know enough about this kind of thing you are not alone, the entire subject is conspicuously absent from school education. However thanks to the internet there are now many resources which can shed a new light on the system.
Here are some resources which are well worth some time to look at if you aren’t familiar with them.
Presented in no particular order
Money As Debt
The Hidden Secrets of Money
From Mike Maloney of GoldSilver.com
The Secret Of Oz
Directed by William T. Still. With Andrew Nance, Brent Robinson, William T. Still. What’s going on with the world’s economy? Foreclosures are everywhere …