Originally Posted by holograph

i guess we will have to agree to disagree with naysayers . you laugh at bitcoins being dumbest idea, i laugh at you for being so closed-minded .

you say currency should be backed by something. what are current fait currencies are backed by? - say tomorrow hits inflation or super inflation where $10,000 for instance will be the cost of loaf of bread, will the govemrent inflate our savings accounts too since you believe they are backing their own currency? - i highly doubt they will back us and our savings. you and everyone else will be fucked for fuckups and greed of those who are in power and control. and you keep laughing at something new that offers semi-transparency and accountability. bitcoin production supply is predicable, governed by strong math principles, you simply can't inject more of them at will. you can't double spend them also - and you see no benefit of it? LOL

it's pointless to even argue with yous. if you have no interest in the subject or don't believe it has potential, simply stay out of these threads, save your time and energy to make more wealth for those who are in power in control of your lifes.