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I'm completely on the fence about BTC - it could enable a lot of cool new stuff, but it also seems to have some structural problems. That said, I see the lack
by ericd 13y ago
I'm completely on the fence about BTC - it could enable a lot of cool new stuff, but it also seems to have some structural problems.
That said, I see the lack of regulation and high level of risk as something that should just be taken into account by the buyers. This necessarily means only dipping your toe in and experimenting, not viewing it as a solid investment. When it becomes more secure, less volatile, and easier to use, people can take larger positions in it.
Also, we should probably come up with better software solutions that don't rely on third parties.
You can't really do anything this big without some people getting burned, unfortunately.