View Single Post
Old 04-11-2013, 06:36 PM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 65,317
Quote:
Originally Posted by crucifissio View Post
shit like this has been around for ever...its just a ponzi with a silly "mining" twist...
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.
dyna mo is online now   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote