Bitcoin-Mining Chips, Gear, Computing Groups: Competition Heats Up - Businessweek

Posted by $ nickursis 11 years, 10 months ago to Economics
2 comments | Share | Flag

Something to ponder, a supposedly unbreakable monetary unit that is fraud proof? And the basis for it's value is what? Other than what others will pay for it I suppose...


All Comments

  • Posted by $ 11 years, 10 months ago in reply to this comment.
    Yes, I agree, also the fact value is not based on any clear relationship, the value of BitCoins has fluctuated so much, it is like having a herd of alpacas. 10 years ago you could sell them for 8K each, now you can't give them away.
    Reply | Permalink  
  • Posted by ObjectiveAnalyst 11 years, 10 months ago
    I sure like the idea of Bitcoin, but don't trust the governments to keep their hands off. I am taking a wait and see attitude. I hope it works out. Sometimes discretion is the better part of valor...
    Reply | Permalink  

  • Comment hidden. Undo