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 Bitcoin Thread v1, and other cryptocurrencies

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SUSatombom123
post Dec 2 2013, 11:21 PM

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I understand the appeal to Bitcoin. I don't like the private bank-controlled currency that gives certain people way too much power either. I like the fundamental concept of Bitcoin, a digital currency run by no one person, but by an open source program that works on its own. However, if something like Bitcoin is to be sound, it ought to be stable as well. Bitcoin is not stable. Perhaps someone could get the source code and modify it in such a way to create a cryptocurrency that is not finite but also accumulates in line with the economy its supposed to represent. Perhaps an economist could be better suited to describe how this might be done.

This post has been edited by atombom123: Dec 2 2013, 11:22 PM
SUSatombom123
post Dec 2 2013, 11:25 PM

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QUOTE(kennyy90 @ Dec 2 2013, 04:36 PM)
conspiracy theory.
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just like wikileak.. but i love wiki leak...


SUSatombom123
post Dec 3 2013, 12:52 AM

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QUOTE(shikimori @ Dec 2 2013, 04:59 PM)
bitcoin looks like a good method to do money laundering . I think it will go strong for few years . Until big brother steps in that is
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money laundering? i tot only corrupted government do money laundering/?

SUSatombom123
post Dec 3 2013, 12:54 AM

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QUOTE(PVCpipe @ Dec 2 2013, 06:06 PM)
who actually govern bit coin? backed by what? this smells like the virtual gold scam
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still better than mudah.com.my



 

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