Post
Topic
Board Bitcoin Discussion
Re: Let's Talk about Scamcoins - Researching for Let's Talk Bitcoin! show
by
misterbigg
on 25/05/2013, 01:46:35 UTC
I'm do not think the monetary theories underlying Bitcoin will lose in a free marketplace of ideas, but if it turns out I'm wrong at least I'll be wrong because something even better than Bitcoin showed up. From that standpoint it's a win-win outcome.

Great point!

That opinion is a little narrow minded, if the freicoin (or some alternative) had other properties that somehow made it really easy to exchange into and out of, then whats wrong with it acting as an economic exchange mechanism where saving can be done in another currency? Isnt it possible a digital asset could be more price stable if it wasnt hoarded in? Just because a tool is designed for not saving it... Doesnt mean it wants to outlaw all saving of other tools

This is true on some levels but I despise the notion that someone took Bitcoin and modified it to enforce their sense of social justice. Of course, it's perfectly within their right. I just feel that it is not particularly innovative. You have a good point about an alternative that has interestingly different properties - but what properties does Freicoin have besides turning your account balance into a hot potato?