Bernanke's legacy is not only a weak and mediocre economy. He's also partly responsible for the 2008 crash, and he'll be mostly responsible for the looming crash.
Since Mt. Gox disappeared with $400 billion in bitcoints, bitcoin owners now want the Feds to regulate bitcoins, which goes against their original selling point. Their original selling point was stupid. I could give out markcoins to people who come to me and spin around in a circle 100 times. I could make future miners spin around more, and I could cut off the supply at some time in the future. In exchange, I'll create electronic notes that people can trade and use as money. Any takers?
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