Post
Topic
Board Speculation
Re: Yup, still feeling bearish.
by
notme
on 18/04/2013, 00:16:50 UTC
I think the point here is:
The world now knows about bitcoin, pretty much all of it.
But it knows it for what it is: A trading game with scummy figures playing captain of the industry and an attached army of zealots with the attitude of MLM participants.

In short: We're out of suckers.

Bitcoin just hasn't found it's niche yet.  It will eventually solve the funding issue for open source software, free music communities (free as in permission to reuse), and other crowd-sourced creation endeavors.  It will start off as a niche, but in a hundred years it will just be how the economy works.