Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
OROBTC
on 03/11/2016, 02:03:31 UTC
...

I don't know what to think about Bitcoin.  Yes, it has made another nice move, it's around $740 now, up a nice meaty 14% or so in a week or so.

But, as the constant bickering of TPTB in Bitcoinistan continues to bother me (hard forks, etc.), well I don't know if I trust the system to remain intact.  Granted, my use of BTC has been "dual-use" (spend some, throw some into cold storage -- insulates me a bit vs. the high premiums I have had to pay at BTC ATMs).  Nonetheless, the risky-seeming & perhaps rickety BTC system gives me some willies...  

Since I am not a programmer nor know much about Bitcoin's internal workings, perhaps my concerns are unwarranted.