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Bitcoin and its advocates (who I guess are just [...] early adopters holding bitcoins). Exactly. This is the fatal flaw of bitcoin, the distribution model.
by cb18 11y ago
Bitcoin and its advocates (who I guess are just [...] early adopters holding bitcoins).
Exactly.
This is the fatal flaw of bitcoin, the distribution model.
- winthrowe 11y agoWhat's your alternative distribution model? How do you propose to bootstrap an independent value store unattached to existing national currencies? It seems that bitcoin mirrors that quote about democracy in that way, "the worst form except the others that have been tried."