Quote from: Enochian on June 18, 2011, 12:57:33 AM

Quote from: imperi on June 18, 2011, 12:37:44 AM

I'm pretty sure he's trolling guys, he just wants attention.

Life is more fun if you're never 100% serious.

I do think, however, that ever increasing Bitcoin prices and price volatility are disincentives to the wider adoption of Bitcoin for Network commerce.

There are a number of community-based alternative currencies in circulation right now, and their success revolves largely around the type of incentives I mentioned in my original post.

If the Bitcoin community doesn't address these challenges, then it is likely that some commercial fork of Bitcoin which eliminates things like mining will be the successful version of the digital currency ideas that Bitcoin embodies.

Kind of like Altavista and Google. Or the Apple Lisa and Windows 7.

Or how about stores accept bitcoin at a lower going rate than they go for in USD? Because afterall, if bitcoins are to succeed as a currency, this means the value of bitcoins will always generally go upwords, just like gold and silver.

So they actually don't lose anything, and people using bitcoins earn somewhat of a interest overtime just for holding onto them.

Again, for stores to trust bitcoin means they trust it will last, for bitcoin to last, this means the value will always go up over time.

All of your logics fail miserably.