Post
Topic
Board Bitcoin Discussion
Re: Yet Another Bitcoin Based Philosophical Question
by
Lexi Price
on 26/04/2015, 06:12:48 UTC
For the record, I agree with the sentiment, but it's amusing how people will conveniently shift perception of something when it suits them. Not you guys in particular, just a general statement. I can honestly see a potential scenario where someone will make a trade with bitcoin and in the event bitcoin crashes, the one who handed off valuable goods for ultimately valueless digital currency will feel cheated and the ones who got valuable goods will still muse they got a lot of stuff for free. I would expect people to realize that bitcoin has the potential to crash to zero and make that stipulation in a contract that the transaction is based on current value and they won't be compensated with any other currencies.

I just posed the scenario of someone filing lawsuits to be compensated. I mean people sue over spilling hot coffee. I can honestly see this happening at some point (provided bitcoin crashed, that is).