4 ms·

So, Bitcoins are becoming popular very fast

• ra 15y ago
  As far as I'm concerned, if the Bitcoin to fiat exchange rate can stabilize sufficiently, then it becomes a better online currency that any single nations currency at the moment. Better because of reduced fraud and reduced transaction fees. I don't see any fundamental reason why this can't happen with a non-government crypto currency, but it will take some time... and there will be a lot of booms and busts along the way. The biggest risk is sadly the US government declaring it illegal.
• muppetman 15y ago
  Because they're getting a lot of publicity and people think "Ohhh this seems easy, I wonder if I can get rich on this" That's been my experience talking to people at work anyway.
• tmktmk 15y ago
  The people who are pumping up BitCoin now are the same people who pumped up SecondLife.
  • mdonahoe 15y ago
    If secondlife wasnt centralized, this might be a valid argument.