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The bounty is to be paid in Bitcoin anyway; I don't see how your attractiveness explanation is applicable. The problem with setting the price in Bitcoin is the

The bounty is to be paid in Bitcoin anyway; I don't see how your attractiveness explanation is applicable. The problem with setting the price in Bitcoin is the volatility: someone with information could attempt to time their contact with Theymos to maximize their bounty. This could significantly delay revealing the information, if the bounty claimant felt the price were temporarily in a slump, and could cost Theymos a lot more than expected if they got lucky.

kbenson 11y ago
Although, over a two week period in late February and early March, gold appears to have dropped from 75.94 to 63.78. That's less volatile than BTC, but if that's the metric that we are measuring, why not use USD?
- psykovsky 11y ago
  Bitcoiners don't use the devils money.