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re: Tigerdroppings Bitcoin Mining Team

Posted on 3/25/13 at 2:37 pm to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65066 posts
Posted on 3/25/13 at 2:37 pm to
quote:

Both can be inflated and deflated by the market.


Wiki claims there can't be bitcoin inflation.

quote:

Bitcoin conspiracist think the Government is making an effort right now to aquire what they can to drive the market into the ground because they fear no longer having the control of our currency.


Why would they acquire when they can just force regulation and squash it that way?

quote:

I am not saying bitcoins will be it but a form of decentralized currency is the future and will happen.


I'll go with aint happening.
Posted by joshnorris14
Florida
Member since Jan 2009
45375 posts
Posted on 3/25/13 at 2:41 pm to
quote:

Wiki claims there can't be bitcoin inflation.


Wiki claims there can't be an increase in the supply of bitcoins (outside the previously set increases until 21M coins).

Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167875 posts
Posted on 3/25/13 at 3:16 pm to
quote:

Wiki claims there can't be bitcoin inflation.



Inflation might have been the wrong word to use and yes there will never be anymore bitcoins produced once they are all mined.

quote:

Why would they acquire when they can just force regulation and squash it that way?



What would they regulate? No one controls it and there is no way to regulate it. Government isn't even competent enough to control and regulate physical items like drugs, how do you see them chasing something like bitcoins?

quote:

I'll go with aint happening.



It's already happened to some degree.

quote:

Whoa. No fricking way this ever happens. Absolutely, unequivocably no way.


This is sort of happening too.

All of it in this article

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