Quote from: Chaz on April 05, 2013, 03:56:11 PM

Quote from: BluesBrother on April 05, 2013, 03:08:24 PM

Since this money will not be issued in accordance to good and services available for that money it will in the end stop being a currency (even one created out of thin air) and simply a ponzi-scheme which people buy in hopes of increased value. There will be no point in purchasing anything since any purchase would thin out your finite investment and in the same way you couldn't possibly sell anything.

Porsche sold for 300 bitcoins - https://bitcointalk.org/index.php?topic=143722.0

This is just the start, there's no point taking bitcoins to the grave. Everyone will have a cash out point whether it be 1k, 10k, 100k etc. Or rather most people will get to a point in which they think trading their BTC is worth the real goods and services that they are receiving. The person who bought the Porsche thought their 300 bitcoins were worth that.

This is so incredible, This community has gone from a pizza for 10k to a porsche for 300... just think about that for a minute next time you're doubting it's value and the trust involved. What's next?

KerryH

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