Re: Sending coins to trash -- probably the biggest threat to bitcoin

Quote from: bigbeninlondon on June 01, 2013, 06:54:20 PM

Quote from: BTConomist on June 01, 2013, 06:35:25 PM

Just to clarify, the poison pill is not designed to destroy the bitcoin use as a viable currency, it will merely target the bitcoin use as a GOLD 2.0 speculative asset. But to answer your question, for me to discuss any of its details now will introduce an abrupt change. Remember, I stand behind the gradual change approach... Let's just wait for the vaccine to work it's magic, shall we?

Hmmm... How about a hint then?

You are a miner, right? Spend some BTC to come and visit me in Chicago... Perhaps for a local Bitcoin Meetup that's coming up on June 4th... We can chat privately then.

Quote from: bigbeninlondon on June 01, 2013, 06:54:20 PM

Quote from: BTConomist on June 01, 2013, 06:35:25 PM

I do not demonize the bitcoin's store of value function... only the widespread GOLD 2.0 phenomenon.

Can you explain the difference? To me the main driving factor of "Gold 2.0" phenomenon is bitcoins store of value function. That's the only real similarity to gold that I see, and (at least to me) apparently the only reason people keep referring to bitcoins as "Gold 2.0".

Sure, but in a face-to-face conversation only... There's already a sizable bid wall on Mt.Gox... Don't want for it to crumble, yet.