Post
Topic
Board Economics
Re: Hmm... is it time to crash BTC exchange rates yet?
by
BTConomist
on 26/05/2013, 19:25:54 UTC

If btc was limitless, then there would be no need for hoarding...


But it is limitless!... Unfortunately, at this point, most would have to read between the lines in order to confirm for themselves the existence of that hidden gem, as I am still in the very early stages of negotiations with the miners cartel (a.k.a. the central banks of bitcoin economy). If the terms we agree on are favorable to both consumers and merchants, the bitcoin debit card business will continue as usual, unless of course it becomes a hindrance, once again.

If anyone wants to form a foundation around this — one that would speak on behalf of bitcoin consumers and businesses — please send me a PM. And if you are a writer, please state so in advance and let me know your rates in BTC (just say how much you would like to get per "published" article vs. blog post). The sooner we can persuade the miners that there's more to bitcoin than for it to be used as a debit card, the sooner we can all enjoy using BTC as money.

Let's face it, if you were a "non speculative" bitcoin miner, would you entrust your most prized possession in the hands of those who will treat it as nothing more but yet another GOLD 2.0 fix (sorry for the drugs analogy, couldn't resist)? So, doing away with the GOLD 2.0 mania throughout the bitcoin community (through education on the inner workings of BTC currency) is the first step to getting the miners to start putting into circulation more batches of bitcoins.