On 2011-06-11 10:41 PM, Ian G wrote:
We expect money to be a store of value, among a few other things. BitCoin has nothing in it that speaks to that goal, that I can see [0]. This anti-property would however make it more ideal for a bubble [1].
All money is a bubble. The non monetary value of a bitcoin is exactly the non monetary value of a federal reserve dollar, which is to say, zero.
Gold has real non monetary value, but far less than its monetary value. _______________________________________________ cryptography mailing list cryptography@randombit.net http://lists.randombit.net/mailman/listinfo/cryptography
