3 ms·
For all we know about satashi he/she/it could be working with in-q-tel or any other politically motivated entity. What really matters though is that whoever ow
by ixacto 14y ago
For all we know about satashi he/she/it could be working with in-q-tel or any other politically motivated entity.
What really matters though is that whoever owns 7.8% of existing bitcoins has the ability to manipulate the market, due to their 'I got there first with my old gpu farm' advantage. Want to crash the market? Go for it... Of course they don't have the control that the Federal Reserve has, but they also don't have anywhere near the flak. Treat bitcoin like you treat going to the casino, except Mt. Gox doesn't give out free drinks.
Take my advice with a grain of salt, but I would put my faith in currencies that are backed by strong operational second-strike nuclear capability and a developed economy. This leaves USA/FR/UK as the winners, with India/Russia/China as runners up, since they are not developed nations yet. CHF is also a good reserve, but everyone especially the Europeans have been fleeing to it, and the Swiss caved to the USA so their 'banking secrecy' is not what it is advertized to be.