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A comment on Bitcoin Is Fundamentally Flawed. Parent comment

Re:Bitcoin Is Fundamentally Flawed by wmf on Monday April 08, 2013 @05:00PM (#5514580)
Can you imagine miners or MtGox voting to devalue their own holdings? I don't think many people are in it for the revolution.
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Re:Bitcoin Is Fundamentally Flawed by dragonwriter on Monday April 08, 2013 @07:23PM (#5515399)
> Can you imagine miners or MtGox voting to devalue their own holdings?

I can imagine, if Bitcoin was perceived as a serious currency, nation-states and existing large and wealthy financial institutions investing large amounts in becoming participants in the network.

Can I imagine those institutions acting with regard to Bitcoin the same as they act with regard to traditional sovereign currencies? Easily.

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