Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin fading away?
by
atc1
on 04/08/2014, 21:48:48 UTC
The main feature of bitcoin is being decentralized, turning it into e-gold would be killing it.

Yeah,I remember OSGold. It was supposed to be based off E-Gold,but turned out to be a ponzi scheme exploiting the craze of the e-gold rush. People still remember what happened it and would'nt come close to it if is somehow became centralized. Of course,the present algorithm makes it impossible to do such a thing.