Post
Topic
Board Economics
Re: difficulty too high while bitcoin society too small
by
Anders
on 24/05/2011, 21:31:05 UTC

I agree with you that bitcoin is not a pyramid by pedantic economical definition. I even trust in honestness of bitcoin software developers and earlier adopters.

I disappoint you by two things:

1. I've detected that current adopters - 'premium' members - are NOT sincere persons.
2. bitcoin society is prooven to crash independently on WHETHER current adopters ARE sincere or NOT.


Ok, I don't know if bitcoin will crash or not. Maybe you are right. I know too little about it at the moment (I became aware of bitcoin today!  Cheesy).

It will be a real test for the bitcoin system the coming months. For the system to survive and become strong it must be able to handle all kinds of dishonest persons and mischief.