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If true, perhaps Satoshi could finally come back into the picture and help save bitcoin with an influx from his massive pile.
by oldstrangers 13y ago
If true, perhaps Satoshi could finally come back into the picture and help save bitcoin with an influx from his massive pile.
- baddox 13y agoYou mean by giving it to MtGox to keep them solvent? That would be a crazy day.
- buttsex 13y agoI would love to see MtGox given a bailout. So many heads would explode.
- krapp 13y agoI've seen so many criticisms of Bitcoin answered with apologies along the line of "well fiat currency is even worse because corruption/inherently worthless/monopoly on violence," so I'm sure the true believers will come up with some way to rationalize it, if it happens, while still keeping a weather eye out for the revolution.
- baddox 13y agoIt wouldn't be that hard to rationalize that one. This "bailout" would be completely different than a publicly funded bailout that wasn't even voted on.
- krapp 13y agoWho would be voting on a bailout of Mt. Gox?
- baddox 13y agoThe obvious difference is that all the funds in this hypothetical scenario would be coming from Satoshi himself. He can do whatever he wants with his bitcoins as far as I'm concerned. The bank bailouts were ultimately publicly funded.