- Thu Jan 30, 2014 11:37 pm
#182944
It is a currency powered largely hype, and a large amount of the actual uses it is put to is very shady, to say the least (see: Silk Road). The userbase is made up of a combination of libertarians afraid the government is going to take away their guns, people seeking ways to buy drugs, speculators hoping to strike it rich during a surge, and a small number of crypto geeks. The most important thing it is doing currently is teaching anarchists and hard core libertarians the importance of regulation in the economy (see: the panic over ghash.io nearly achieving 50% of the market). It is also more volatile than ethanol in an oven (see: its value getting cut in half overnight about a month ago).
Intelli wrote: What's to dislike?
It is a currency powered largely hype, and a large amount of the actual uses it is put to is very shady, to say the least (see: Silk Road). The userbase is made up of a combination of libertarians afraid the government is going to take away their guns, people seeking ways to buy drugs, speculators hoping to strike it rich during a surge, and a small number of crypto geeks. The most important thing it is doing currently is teaching anarchists and hard core libertarians the importance of regulation in the economy (see: the panic over ghash.io nearly achieving 50% of the market). It is also more volatile than ethanol in an oven (see: its value getting cut in half overnight about a month ago).
Flattened realms are an abomination