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Bitcoin DOES have a crowd-sourced monetary policy: Anyone in the "crowd" can try to create their own bitcoin clone and therefore increase the supply (though inc

by drcode 14y ago

Bitcoin DOES have a crowd-sourced monetary policy: Anyone in the "crowd" can try to create their own bitcoin clone and therefore increase the supply (though incompatible with regular bitcoins, of course)

danielweber 14y ago
Given that 99.44% of the bitcoin community thinks deflation is the most awesome thing ever, that will never happen.
- fnordfnordfnord 14y ago
  Mining information for Bitcoin and 8 competitor projects: http://dustcoin.com/mining http://dustcoin.com/mining
- Lerc 14y ago
  If bitcoin were to be a major world currency the current community would become less than 1%. That might upset some. It'd be like being a old-guard redditor when all the digg people arrived.
- drcode 14y ago
  It's already happened. See litecoin.