Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
verables · 4389 days ago · link · · parent · post: Cyrus Sanati: Bitcoin looks primed for money laundering
That's why I hold on to the few I have, it'll either fall apart from some flaw (which as time goes on looks less likely) or will become a pretty useful system where BTC are pretty valuable.
Agreed. I think the tension between speculators and people in need of an alternate currency is going to play with the price for some time to come. IMO it's possible that BTC could hit it big as a currency of refuge where inflation becomes problematic. There are a number of possibilities, including Japan, China, and EU countries. There was a Bloomberg article that talked about some in Iran buying BTC to avoid devaluation.