Post
Topic
Board Bitcoin Discussion
Re: your faith in bitcoin
by
dduane
on 03/04/2011, 13:04:20 UTC
There is a paradox here.  In order for your investments in bitcoin to become worth something, it is important to spend some of them.  Currencies function and take on value because they are utilized by a community to exchange value.  If we all just hoard them waiting for them to take on value, we'll be waiting a long, long time.  I encourage everyone who wants bitcoins to take on value to set aside a good amount of your holdings for spending of some sort or another, whether it be donations, gaming, or good old exchange of goods and services.  Gavin is doing a brilliant thing for the community of bitcoin users by offering the bitcoin faucet, and ensuring that the faucet's disbursements go out to as many DIFFERENT people as possible.    This is why I've set up Bitcoin Bonus, I want to be able to get bitcoins out to as many people as possible.