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re: Mr Bitcoin Goes to Washington

Posted on 4/10/14 at 5:22 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/10/14 at 5:22 pm to
If Bitcoins can be created out of thin air, as you mentioned above, it is only right that Bitcoins disappear into thin air. So maybe the Bitcoins haven't disappeared, but the value has.
Posted by Mo Jeaux
Member since Aug 2008
59752 posts
Posted on 4/10/14 at 6:34 pm to
I attended a bitcoin conference here in NYC this week. It was pretty interesting to say the least.

I've become a bit more persuaded that something useful may come from this. Certainly not as some replacement for fiat currency or some great speculative investment, but for every five "true believers" at the conference (or Wikis, if you will), there was one reasonable person willing to discuss possible beneficial uses for the technology behind bitcoins.
This post was edited on 4/10/14 at 6:35 pm
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