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I've never been that bullish on Bitcoin because I don't see why the mainstream, developed world would have much demand for it. It certainly has it's uses, but t
by ssharp 12y ago
I've never been that bullish on Bitcoin because I don't see why the mainstream, developed world would have much demand for it. It certainly has it's uses, but they are limited. I suspect the number of people transacting in Bitcoin are far out-numbered by the people who are mostly hoarding Bitcoin, which illustrates it's lack of valid use-cases.
- minthd 12y agoI once thought that bitcoin's usage as a secure decentralized database, not as a currency, would be the source of some major use. But there are no big results here, so now, not so sure.
- nly 12y agoNamecoin is promising but then whoever can afford the most ASICs will just buy up all the popular names.