Germany Sets Standard for Bitcoin Regulation

Re:Germany Sets Standard for Bitcoin Regulation by mpyne on Monday August 19, 2013 @03:12PM (#6239059)

Neither do the others. There are very many "central banks" out there, and the U.S. creates money out of thin air just as successfully as people mine Bitcoins out of thin air.

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Re:Germany Sets Standard for Bitcoin Regulation by ferdo on Monday August 19, 2013 @03:23PM (#6239142)

Unlike the creations of the central banks, there's an end to Bitcoin's creations. The value in this model is seen in Bitcoin's steadily rising and holding price.

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Re:Germany Sets Standard for Bitcoin Regulation by brazzy on Monday August 19, 2013 @03:48PM (#6239326)

If you believe that speculative bubbles constitute value, sure...

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Re:Germany Sets Standard for Bitcoin Regulation by ferdo on Monday August 19, 2013 @05:05PM (#6239825)

All monetary systems are speculative bubbles. Some just have the backing of a government to give support to the bubble. The last guy out of assignats probably felt a little foolish.

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Re:Germany Sets Standard for Bitcoin Regulation by brazzy on Monday August 19, 2013 @08:24PM (#6240823)

Apparently you have no idea what a speculative bubble is.

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Re:Germany Sets Standard for Bitcoin Regulation by ferdo on Tuesday August 20, 2013 @12:01AM (#6241649)

I know enough to have already exited the bubble market that's not too far from busting.

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