Quote from: MoonShadow on December 13, 2011, 03:21:30 PM

Quote from: fastandfurious on December 13, 2011, 08:33:08 AM

Quote from: chickenado on December 13, 2011, 08:24:39 AM

high inflation? 25% APR is tiny considering how new bitcoin is. Most disruptive technologies fail. But the ones that don't fail, usually grow a lot faster than 25% APR in the first few years.

Bitcoin today is not that tiny. The total market cap of Bitcoin is around 24 million dollars at this exchange rate. And the inflation is 33% not 25%.

That's tiny.

indeed.
i think f&f counts money in units like burgers or something. i just tried to find a good example of something that costs around 24mio dollars. first thing i tried was planes, unfortunately, the smallest commercial passenger aircraft from airbus already costs 65mio. didnt bother to look up boeing after that ...

24mio isnt much if you consider how many people already work on bitcoin related software or services.