Post
Topic
Board Bitcoin Discussion
Re: software announcement: "Moneychanger"
by
Cusipzzz
on 10/07/2011, 04:53:50 UTC
Funny how OT is referencing bitcoin all over the place, yet there is this nugget in the FAQ:

"YOU have to trust the issuer of that cash, and the contract he used to issue it, and decide whether you trust that it is backed with real value. There is no escaping this basic fact (of electronic trading of any good) — someone has to store the actual gold, or whatever it is, that supplies the actual backing value to the currency."

I like the OT concept, but it hasn't really found a niche yet - and latching on to bitcoin doesn't seem to be it.