Re:Pineapple Fund Drops $1M on the Sustainable Ocean Alliance
by throwawayfinal on Thursday February 15, 2018 @02:11PM
(#16386630)
maybe future laws and policy will take into account the more-or-less finite supply of bitcoin. maybe.
my point is that there is no guarantee that bitcoin will receive favorable decisions. it's hard for the lay person to understand (why not just print more?) and if ever declared a currency-non-grata could actively be attacked in this way.
i should add that i have engaged in btc currency speculation and had a positive result. the long term value/health of btc is of great benefit to me. but, it would be foolish for me to assume that because it would good for it to be so that it will be so.
Re:Pineapple Fund Drops $1M on the Sustainable Ocean Alliance
by sowbug on Thursday February 15, 2018 @07:32PM
(#16389005)
That much I can agree with. The law eventually gets things right, but it can take a while, and it might harm individuals and individual technologies along the way.
my point is that there is no guarantee that bitcoin will receive favorable decisions. it's hard for the lay person to understand (why not just print more?) and if ever declared a currency-non-grata could actively be attacked in this way.
i should add that i have engaged in btc currency speculation and had a positive result. the long term value/health of btc is of great benefit to me. but, it would be foolish for me to assume that because it would good for it to be so that it will be so.