Quote from: littlebeetle on September 28, 2014, 08:05:37 PM

Quote from: gonnafly on September 28, 2014, 01:42:24 PM

Unwanted surveillance and tracking from banks (what you do with your money should be only your private business!)

Not true. All bitcoin transactions are public and data mining the blockchain will one day be very profitable. Another problem is that the fungibility of bitcoin is at risk with a public ledger. For example the threat posed by "coin validation".

Quote from: gonnafly on September 28, 2014, 01:42:24 PM

Healthy, non-inflating currency

Bitcoin is very inflationary. The supply of the currency increases by 3600 btc a day which is 9%+ per year at this point in time.

Luckily so, if it wasn't inflationary at the start, it would mean the creator of bitcoin would own 100% of them! and it would be worthless. Satoshi gave us the chance to mine some of our own the first couple of years of bitcoin. And of course there's going to be inflation. But unlike the dollar and other fiat, the inflation in bitcoin will end. In fiat, inflation worsens over time, in bitcoin it lessens over time.