Post
Topic
Board Bitcoin Discussion
Re: Bitcoins: designed to fail
by
kloinko1n
on 04/06/2011, 11:25:14 UTC

I don't think the creator's intention was to design a currency of which 1 coin would ultimately be worth +/- 1 million dollars.  I think his intention was to design a digital currency that is distributed, decentralized, and pseudonymous/anonymous.

Not to take over all the other currencies?
It's a little bit a pity that 'they' didn't do some 'back of the envelope' calculations like this.
But hey, they did a great job anyway  Cool