Craig <cchayniepub...@gmail.com> wrote:
> Bitcoin is trusted for the same reason that Salk's vaccine is trusted -- > because it presents a solution to a problem. It's the open source solution > that's trusted; not the man. Ummm . . . You do realize it failed catastrophically? There are 12.5 million bitcoins in circulation. 0.8 million of them were stolen, and are now presumably in the hands of criminals. That cannot inspire confidence or stability. What other banking system is known to be 1/13 controlled by criminals? If this is a solution that is trusted, I would hate to see a dodgy one. - Jed
