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A comment on Bitcoin rises. Parent comment

Re:Bitcoin rises by joezydeco on Tuesday March 19, 2013 @04:45PM (#5403516)
The analogy was in reference to pg's investment in Coinbase while holding no Bitcoins themselves.

If Bitcoin succeeds, would you rather have owned the coins... or the banks and exchanges that constantly take a percentage of the flow?

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Re:Bitcoin rises by tlrobinson on Tuesday March 19, 2013 @04:55PM (#5403576)
I'm saying it's quite possible the coins themselves would be a better investment at this point.

Casino chips aren't going to significantly increase in value. If Bitcoin succeeds then Bitcoins will. If Bitcoin doesn't succeed, then neither will the "banks".

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Re:Bitcoin rises by joezydeco on Wednesday March 20, 2013 @11:59AM (#5408066)
But building a decent and trusted infrastructure of "banks" will improve Bitcoin's chances of success. Just holding a given quantity of coins on your laptop will not.
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Re:Bitcoin rises by tlrobinson on Wednesday March 20, 2013 @04:35PM (#5410077)
Oh I agree completely. If you have a significant amount of Bitcoin you should do everything you can to make Bitcoin a sucess.
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