Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
justusranvier
on 21/05/2015, 17:44:22 UTC
did you listen to the above audio?  it doesn't necessarily have to make money for the OEM.  they stand to profit from other ways.
This might be the part to be most cautious about.

The argument that a Nash equilibrum encourages miners against acting in ways that damage the long term viability of Bitcoin is less obviously true when mining isn't being performed for direct profit.