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

Lodewijk andré de la porte l at
Tue Nov 26 16:36:32 PST 2013

On Nov 27, 2013 1:25 AM, "Ted Smith" <tedks at> wrote:
> On Tue, 2013-11-26 at 11:07 -0800, Bill Stewart wrote:
> > At 05:43 PM 11/25/2013, David Vorick wrote:
> Absolutely. It's utterly absurd to claim that Satoshi got moderately
> wealthy (not hyperrich yet by any means) by "doing nothing." There are
> insights in Bitcoin enough to fuel dozens of PhDs worth of research, in
> wider areas than

Says more about PhD's than Satoshi. The money he'll earn with Bitcoin has
no direct relationship to his investment. It is unlikely that, through
coincidence, his reward is set nearly right. Regardless of your idea of

Lack of knowledge is the fail of all markets.
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