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Re:Why bitcoin failed as a currency and is on its way to bec... by dreamdu5t on Wednesday June 08, 2011 @10:30PM (#2635741)
The BitCoin community created this speculation bubble by rewarding early adopters and miners. That could have been entirely avoided if they didn't choose such a strategy for initial distribution.
Re:Why bitcoin failed as a currency and is on its way to bec... by rudiger on Wednesday June 08, 2011 @10:37PM (#2635749)
What's a better strategy for distribution?
Re:Why bitcoin failed as a currency and is on its way to bec... by wmf on Wednesday June 08, 2011 @10:44PM (#2635766)
Here's a suggestion where more mining would create inflation that would offset increased demand for Bitcoin: http://forum.bitcoin.org/index.php?topic=57.0