Quote from: ag@th0s on July 20, 2014, 01:15:38 PM

Quote from: justusranvier on July 20, 2014, 01:08:13 PM

Quote from: ag@th0s on July 20, 2014, 01:05:27 PM

That's what Big Trade is buying into - the utility, not the speculative opportunity, so I'm not expecting another "launch". I'll be very surprised if we see $1000 again - there's no good reason for it at the transactional level.

That belief is certainly the goal which the present psyop against Bitcoin is attempting to achieve.

Don't understand - why would a view that emphasizes Bitcoins utility be a hostile operation?

It's drawing attention to Bitcoin the currency, when Bitcoins killer app is Bitcoin the store of wealth.

Or as I have come to understand it Bitcoin is a universal debt ledger (unit of account), primed to accept the current financial debt systems, where debt is a vacuum that attracts wealth. (I.e. money as memory and that memory is going to be global and collectively stored on an P2P blockchain )