Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)

Quote from: WaffleMaster on January 13, 2015, 06:46:44 AM

Quote from: galdur on January 13, 2015, 06:43:50 AM

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Also, could we not derail this thread with general talk about bitcoin? Many places to talk about that.

Most of those threads are full of brainwashed bitcoin cultists. I thought I noticed some brain activity here.

Currency is currency. What people do with it is their agenda. Gold has also been used for criminal activity I'm sure. Just as cotton and sugar has been. So what is your point exactly? Bitcoin is possibly the most useful currency in history. I don't buy and speculate that it will be the future end all be all of currency, but it sure as hell is a great tool for the resourceful to use. Am I missing something you see that I don't?

Yeah I guess you´re missing the fact that the more the price of this wonder thing tanks the more difficult it becomes to mine it. Price of product and production capacity have an inverse correlation. This sort of production model is very unusual I must say.