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

James A. Donald jamesd at echeque.com
Tue Nov 26 01:50:52 PST 2013


On 2013-11-26 11:04, Javier Liendo wrote:
> isn't the real problem with bitcoin becoming a global currency an issue
> of how to best manage the potential exponential growth in size of the
> blockchain?�

It is not exponential, but Yes.

I am unhappy with the proposed solutions to this problem, which involve 
fewer and fewer people having equal status in the monetary system.





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