Post
Topic
Board Bitcoin Discussion
Re: Let's crack this chicken/egg problem
by
Alex Thornton
on 01/07/2011, 06:27:09 UTC
The entire point of a appreciating currency is to by-pass the whole chicken and the egg problem. That's one of the reasons Satoshi is so brilliant. If the currency is worth an astronomical sum, both consumers and merchants will jump at it.

This is not to say we shouldn't work on the problems the OP list. I'm just not so concerned about "running out of time".