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Thursday, May 01, 2014

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Ezra

Looking at it positively, it's a win for all crypto- and otherwise digital currencies. They all need legit entities offering insight and transparency. This is good for cryptocurrencies to come, like High Fidelity's.

Arcadia Codesmith

Every currency is Tinkerbell -- you need a theatre full of kids chanting, "I do believe in Bitcoin, I do, I do!"

That's just as true of the dollar. You've just had more kids chanting over a longer period of time.

Adeon Writer

I think you should be paying attention to Dogecoin.

http://m.policymic.com/articles/79017/bitcoin-vs-dogecoin-which-one-is-really-worth-more

I've never used bitcoin to this day, but I have paid a few people in Dogecoin.

Ciaran Laval

Largely agree here with Arcadia Codesmith.

In Terry Pratchett's Making Money, Moist Von Lipwig argues that Gold is pretty much useless, you can't eat it and you can't plant it, unlike a potato, which can be eaten or planted to grow more potatoes.

It's all about perception and in a day and age when more and more transactions are merely carried out by numbers on computer systems, the perception of worth has never been more based on faith.

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