Post
Topic
Board Economics
Re: The Bitcoin Singularity is Near
by
notthematrix
on 18/11/2013, 01:43:36 UTC
Although Bitcoin is still very young, it has survived to the point where there is enough wealth in the system that people will go to great lengths in order to repair or save it
I realized this earlier today while driving my car.

The more people invest in it, the more people will want it to succeed.  Nobody wants to lose their money.  Nobody is going to *let* Bitcoin fail now.

This is a built-in protection for Bitcoin.  Probably the most powerful one possible.  

This is wonderful news.

-Burger-

The thing is people with on paper very different interests/agendas could have privately  invested in BTC , so they will protect it too.
thus corrupting the $ system.