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mk · 5040 days ago · link · · parent · post: Bitcoin: a distributed digital currency that does not rely on a central issuer.
In the last two days, Timothy Blee has posted what he thinks are some problems with Bitcoin. This is the second post: http://timothyblee.com/2011/04/19/bitcoins-collusion-problem...
Personally, I don't think what he describes in impossible, but I don't think a fork would invalidate or dilute the original network. It would be a clean fork, and the two networks would not cooperate. The incentive to maintain the first network would be as large as its value. It's interesting food for thought, however. A lot of hype about Bitcoins lately. My BTC have been outperforming my other investments. :)