a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
am_Unition  ·  3593 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin is moving from its Deceptive phase to a very Disruptive phase

Yeah, I see where you're coming from.

A currency's stability trends with the number of transactions, so me just sitting on 2 bitcoins for the rest of my life doesn't really help anybody out.

The longer I hold onto these bitcoins, the more difficult it will be for me to not use them, provided that it gains increasingly widespread acceptance, and especially when it becomes more and more convenient. Amazon has already incentivized BTC, but I consider them the Wal-Mart of the internet and generally try to avoid doing business there. (first clause of statement was revealed to be false)

I hate to say it, but I do view this primarily as an investment opportunity for the time being. Maybe I'll just make small transactions in an effort to bolster the currency, but I'd imagine that larger transactions promote greater stability than smaller ones.

Now I kinda feel bad. You can hate me, Aeiri, but if I'm a millionaire in my 30's, I won't regret this.