One day, while I was learning about cipherspace, I discovered BitCoin . BitCoin is a completely decentralized, anonymous online monetary system that relies on a distributed database to facilitate transactions. The creator put a great deal of effort into ensuring that the system is secure and reliable…

I would request you quote me stating that BitCoin will become generally accepted. My position has always been it is possible for BitCoin to become generally accepted. If you like I can quote several locations where you claim it cannot be genarally accepted. I don’t think I have even made claims tha…

My argument from the getgo was that it will NOT, cannot, and has no potential to become generally accepted. You were the one engaging my claims. Not the other way around. Your the one trying to prove to me it’s possible. I’m not putting words in your mouth. As stated 100000 times over I side with t…

See why BitCoins meet the regression theorem here: https://forum.freecapitalists.org/t/is-bitcoin-the-currency-of-the-future/7363/339 If you feel that the regression theorem doesn’t apply to BitCoins after reading that post I would like to request that you explain why you feel that way so I can arg…

Maybe start a new post about BitCoin and the regression theorem? I would like to see that debate happen, but once a thread gets this long it becomes too unwieldy for most people to follow. (Since this forum doesn’t allow for threaded comments, it would be a good idea in general to start a new thread…

This quote amused me: I could just as well say that US dollars are not money, since I don’t know of anywhere around me that I can trade US dollars for illegal drugs (Ironically enough, you can trade bitcoins for illegal drugs, according to the published list of BTC traders).

I could just as well say that US dollars are not money, since I don’t know of anywhere around me that I can trade US dollars for illegal drugs (Ironically enough, you can trade bitcoins for illegal drugs, according to the published list of BTC traders). You’re just being obtuse. US dollars can, …

I could just as well say that US dollars are not money, since I don’t know of anywhere around me that I can trade US dollars for illegal drugs (Ironically enough, you can trade bitcoins for illegal drugs, according to the published list of BTC traders). Did you actually bother to read the whole …

Allegedly. I personally don’t know anywhere that sells them though. Are you sure that no one sells potatoes for bitcoins, or are you making that assumption based on the fact that you don’t know anywhere that sells them? (Hell, I’ll sell you a bag of potatoes for bitcoins. How much are you willing t…

Is BitCoin the currency of the future?

Economics Economics Questions

Micah71381 April 8, 2011, 2:01pm 346

New topic posted here: https://forum.freecapitalists.org/t/what-is-industrial-demand-in-misess-regression-theorem/18606

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Is BitCoin the currency of the future?

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