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
Bitcoin Thread v1, and other cryptocurrencies
Dec 2 2013, 11:21 PM
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