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A comment on Professional Traders Show Interest in Bitcoin. Parent comment

Re:Professional Traders Show Interest in Bitcoin by jerguismi on Monday April 02, 2012 @06:34AM (#3787361)
> So bitcoin can't be devalued by "printing" fake "bills." That's a good prerequisite, but it's not a practical improvement for me over the current currencies.

Well, the value in bitcoin is that it can't be printed by anyone, even the goverments, uncontrollably - there will be only specific amount at max in circulation at specific time.

This might not be valuable to you, but it certainly will be for many else. Many people don't like the thing that goverments keep devaluing their fiat currencies.

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Re:Professional Traders Show Interest in Bitcoin by DanBC on Monday April 02, 2012 @06:45AM (#3787397)
The UK government has considerable computing power. Even small parts of UK government have surprising amounts of computing.

A well-funded hostile government, bringing a lot of computing online aimed at "attacking" BitCoin would be a valid concern. I accept it's a tiny risk.

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