Quote:
Originally Posted by crucifissio
shit like this has been around for ever...its just a ponzi with a silly "mining" twist...
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bitcoin is a social construct that could only be happening due to the internet and the world we live in.
what we are witnessing here is the birth of something very new.
call it a ponzi if you wish and while btc is more than likely going to fail, taking a fair amount of speculators with it- just like the internet bubble, it will leave an infrastructure/ecosystem that will ultimately be embraced.