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b_b · 4053 days ago · link · · parent · post: Kevin Rose interviews Brian Armstrong, founder of Coinbase
Seriously, dude, as a business person, would you ever accept payment in the form of a commodity whose price could vary by 1, 5, 10, or even 50% in the space of a day? If the Euro changes 1% relative to the dollar in a week it's news. The whole thing is a neat intellectual exercise, but ultimately not much more than that. None of the numbers behind bitcoin suggest anything other than it's destined to be a colossal failure.