Bitcoins

Sanctions play havoc with a country’s economy.

Here is a story I came across about how some Iranians are coping with the limitations and financial ruin imposed by sanctions http://www.businessweek.com/articles/2012-11-29/dollar-less-iranians-discover-virtual-currency

The story got me interested in Bitcoins – http://bitcoin.org/.Here is what Wikipedia has to say about them :http://en.wikipedia.org/wiki/Bitcoin

It is the understatement of the year when I say I was creeped you by what I read about Bitcoins. But I guess when your very life is in danger,risking your rapidly vanishing wealth doesn’t sound so crazy.

Here’s an update: