Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Karartma1
on 18/01/2016, 08:45:14 UTC
Satoshi's basic mistake was to make the currency non-inflationary.


This sums up the problem that all of the "blockchain instead of Bitcoin", Keynesian, part of the problem people have with Bitcoin. That and the fact that they can't centrally manipulate the value.

Inflationary currencies fail. Every one of them.

Yes Elwar I do agree and I've always thought that is the best part of the experiment. IMHO Bitcoin is good as it is right now, I don't understand why people look for perfection here. Bitcoin works, I'm using it without problems since 2010 and I don't care if Mt.Gox, Mintpal, Cryptsy and sons dissapear along the way.
Satoshi gave us a huge power and if we can not handle it then, perhaps, we don't deserve it.