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Jed McCaleb, meanwhile, openly chastised fellow Bitcoiners for their emphasis on the "libertarian, going to replace all other currencies, take over the world stuff." "That just turns people off," he said. "The only important thing for people to know is that it is better than what people use now for online payments.
If there was ever a time that Silicon Valley believed it could revive the long-deferred dream of reinventing money, this was it. A virtual currency that rose above national borders fitted right in with an industry that saw itself destined to change the face of everyday life.
All the gold in the world was worth around $7 trillion. If Bitcoin became even half as popular, that would put the value of each Bitcoin at around half a million dollars - or
