bitcoin as a global medium of exchange (was Re: Interesting take on Sanjuro's Assassination Market)

coderman coderman at gmail.com
Mon Nov 25 17:54:35 PST 2013


On Mon, Nov 25, 2013 at 5:43 PM, David Vorick <david.vorick at gmail.com> wrote:
> ... How do you prevent the early adopters from becoming stupid
> wealthy if the currency takes off?

high risk, high reward.

why should early adoption with high risk not pay more than late
adoption with significantly less risk?


i agree that the externals affecting BTC exchange rate are volatile
and annoying, but this hardly seems like bitcoin's fault.  do you
fight tulpenmanie with currency controls?  good luck!



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