I bought several bitcoins in early 2010, and when the price peaked to $1000, I sold what I had left. To me I was interested in the technology piece, but though

I bought several bitcoins in early 2010, and when the price peaked to $1000, I sold what I had left. To me I was interested in the technology piece, but thought the economics of it was utterly crazy. Having a fixed supply of some arbitrary number with a fixed release seems so "old worldly". It ignores the fact that we have this huge computer network that has built into it access to near perfect information about the economy. I thought something better would come along, which is why I sold it. However the one thing that really rang with me was this. When I transferred the bitcoins to my account (bitstamp) I didn't even remember the fee. I'm not certain there even was a fee. However when I transferred the dollars, there definitely was a fee, Which seemed like a lot of money. The cost of using bitcoin is a really big game changer. If it was stable, I think adoption would be bigger.