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...
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.