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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.
Posted on 4/18/13 at 9:28 am to Broke
Posted on 4/18/13 at 9:28 am to Broke
quote:
Which begs an even bigger question. What if this Mr. Sakimoto didn't actually cap the number of coins? What if he has another $1,000,000,000 worth that he will dump periodically. Would the world know? What happens to bitcoin wallets that get lost? Do they go away forever?
I'm pretty sure bitcoin is open source.
No one has found a leak in the code or a back door.
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