bitcoin as a global medium of exchange (was Re: Interesting take on Sanjuro's Assassination Market)
Juan Garofalo
juan.g71 at gmail.com
Tue Nov 26 17:27:05 PST 2013
--On Tuesday, November 26, 2013 8:16 PM -0500 "Bill St. Clair"
<billstclair at gmail.com> wrote:
> On Tue, Nov 26, 2013 at 8:06 PM, Ted Smith <tedks at riseup.net> wrote:
>>
>>
>> I'm not sure how you're evaluating his "investment," which was solving a
>> number of previously-thought-unsolvable problems in applied cryptography
>> in a way that became wildly popular, widely used, and enabled a large
>> amount of very influential services.
>>
>> Contributing to the world in such a manner rarely results in such
>> wealth, but I don't see why it shouldn't.
>
> Indeed. His invention is worth whatever value the market assigns it, and
> it's nobody's business to judge otherwise.
What market? Bitcoin exists because of the state, just like drug dealers.
If there were a real free market out there nobody would bother with
something like bitcoin.
>
> -Bill
>
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