Quote from: Surawit on September 11, 2011, 11:43:27 PM

OK, let's suppose that interest in your internet funbux doesn't die off and becomes quite popular. Maybe it even starts to be a competitive alternative to conventional banking.

What's to stop the conventional banks replicating it? They could have their own blockchain set up in minutes, and they have the clout and customer base to make it instantly more popular, stable and useful than the original. With a single software update they could put their version in every ATM and payment machine in the world. This beats a bunch of nerds selling slimjims out of their garages.
Sorry, do you think the banks are just going to roll over and let a new system (in which you guys are the new major wealthholders) supercede them?

The whole bitcoin thing is blinded by greed. You desperately want to be rich and powerful, and so ignore reality to construct a vision in which that happens. Your bitcoins are not going to be thousands and thousands of dollars, sorry

b/c they will never be able to create a superior product and the mere fact that they would want to control and profit off an alt chain goes against the very concept of a decentralized, P2P, fixed amount of currency. you clearly have a vested interest in not understanding what you don't want to understand.