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Old 03-30-2013, 10:11 PM  
Joshua G
dumb libs love censorship
 
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Join Date: Jul 2008
Posts: 8,198
Quote:
Originally Posted by mayabong View Post
But the examples you used were all centrallized. Bitcoin is not a ponzi but that doesn't mean ponzi's wont use bitcoin. There have already been a few.
Ponzis in other ecurrencies will kill trust, & that means there will be a limited market for e-currencies. just like there are a limited number of trusted porn billers, due to shenanigans in the industry.

IMO the anonymity of bitcoin works against its utilization as a currency on a par with the dollar. simply because, the government is not going to sit back & watch the economy shift from the dollar to an anonymous ecurrency where the IRS can't follow the money.

Last edited by Joshua G; 03-30-2013 at 10:13 PM..
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