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Topic
Board Beginners & Help
Re: Long-term safe storage of Bitcoins
by
tinyapps
on 12/03/2013, 07:45:33 UTC
Thanks again, theymos!

Speaking of long-term concerns with Bitcoin, have you read this critique?

On the fact that Bitcoin has a Kill Switch; and how to disconnect it.
http://www.loper-os.org/?p=1009

The basic thrust is that a very few individuals own the vast majority of Bitcoins, that they actively conceal this fact through obfuscation, and that they will "kill" Bitcoin at some point by flooding the market. (This last claim strikes me as rather remote - what possible gain could they hope to achieve?)