Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 02/11/2014, 00:09:37 UTC
Increased utility has to make up for less security if someone is willing to use the SC. The price will be the same with a two way peg.

So obvious yet seemingly so hard to understand

how do you know a brand new will be effective even if it is vetted by devs?  only with use, time, and multiple hacking attempts will you know definitively.  otoh, you know for a fact that a MM rate of say 50% that of the Bitcoin network will cause a decrease in security for the SC.  the market will price that in even though you won't.

so naive.