Re: Gold collapsing. Bitcoin UP.

I do want to ask though, does this mean you're bearish on Bitcoin now?

I had to sell some, Gavin talking about a fork not an evolution, and this this is devastating IMO.

Forks are the definition of evolution. Every species goes extinct. All of them. We are not the same species as our predecessors and our future progeny will not be the same species as us. Still, they trace a direct lineage. Forking the blockchain will allow a more adaptable Bitcoin that can survive the changing economic environment. Just because all the others who have tried failed, doesn't mean Gavin's version will fail. What will happen if nothing is done?

Once again, cbeast demonstrates why he fails science class. Grin

Bitcoin is not a natural creation, although we may borrow terms like niche and ecosystem from the vocabulary of biology to discuss it.

Bitcoin is defined by its social contract and the terms of that social contract produce its value, while the features of the software produce its utility.

Scamchains are a change to that social contract, and undermine what has thus far made Bitcoin a runaway success.

Even accepting your clumsy metaphor, some species change little in millions of years (sharks, horseshoe crabs, Coelacanths). And blue-green algae is doing just fine, 3.5 billion years after its ancestors built stromatolites.

Bitcoin works very well and we shouldn't try to fix it until it breaks. The proper venue for experimental variations (mutations) of Bitcoin is in the altcoin space.