Quote:
Originally Posted by Sunny Day
Your chart shows the dollar over 110 years. Bitcoins have been around less than 10.
After WW II, the Pound was worth 4-to-1 than almost sank to 1-1. But Bitcoins are changing almost hourly. All it takes is one more hacking problem and Bitcoins will be gone. Or if you read the New Scientist articles, I posted how law enforcement can hack your transactions, you'd run from Bitcoins. Pay cash, know who you deal with.
Even then be wary. It takes an amazing person to stand up to the federal steamroller, when the tell you they will send you to prison, your entire family, and everyone you ever met. And your dog, cat & goldfish.
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One more hacking problem? there have been dozens of bitcoin related hacks and bitcoin is fine. Bitcion itself has never been hacked. Bitcoin does have its own problems though, the size of the block chain being one I believe.