3 ms·
Except it's not entering a completely new market. There are around 200 existing currencies, and for bitcoin to become a de-facto standard it would have to succ
by khuey 14y ago
Except it's not entering a completely new market. There are around 200 existing currencies, and for bitcoin to become a de-facto standard it would have to succeed where every one of those 200 currencies have failed.
- jacoblyles 14y agoIt has one big advantage going for it - it's not controlled by any government. You expect the euro to be manipulated for the benefits of the Europeans, the USD to be manipulated for the benefits of Americans, and the Yuan to be manipulated for the benefits of the Chinese. But who manipulates the bitcoin?