Quote from: polunna on September 07, 2014, 01:15:06 PM

Quote from: cccarnation on September 07, 2014, 10:12:18 AM

I think saying Bitcoin is "really fragile", conjuring images of a shipment of chinaware, is a bit misleading.

One could say the US multi-trillion dollar economy and infrastructure is fragile and defenseless to physical and cyber attacks on its power grid. Yet life goes on.

What's missing is the countermeasure argument. There are all sorts of what-if potential problems all around us, all the time. That doesn't mean we fear getting out of bed each day. What I mean is, sure, Bitcoin isn't perfect nor completely invulnerable to attack, but that can be said for lots of things. However, what I do believe is it's incredibly resilient due to the resourcefulness of its supporters. That counts for a lot.

That's one of my problems with Mike, its like the guy has no idea how his glib little statements impact the larger ecosystem he's working on.
Not quite BP "We're Sorry" kind of gaffe, but certainly up there considering how much effort and money has been invested in the Bitcoin sphere.

I think what he was doing was trying to prevent bitcoin from growing too quickly, as if it grows too quickly then it would be vulnerable to unknown attack vectors and if it has grown and is attacked then it will likely fail, verses it being attacked while being smaller, it's chances of survival are greater.