Instead you just chirp about currency, deflation, mining costs, volatility - the same shit we've heard from countless others in the past, and surely countless others in the future.
Windjc:
I know that I am catching you in the middle of another conversation; however, I frequently am having concerns about the deflationary aspects of bitcoin. DONT get me wrong... I am bullish on bitcoin, but I remain quite concerned about its lack of expansion.... surely it is expanding at around 10-12% per year, and that will decrease. Probably o.k. to have btc for a store of value.. but questionable as a currency with such lack of expansion of the supply.
Personally, I recognize the near infinite divisibility but am more concerned about the ability for BTC to continue to adjust to the increased population, lost coins etc..
Surely, this may be a real long term problem, and NOT really as much of a problem in the short term, but NONETHELESS the problem concerns me.... b/c if there becomes a great demand, it could cause the value of BTC to increase way too much.. and way to exponentially...