News for hackers. Stuff that matters.
Re:China Bans Financial Companies From Bitcoin Transactions by cinquemb on Thursday December 05, 2013 @09:12AM (#6854423)
I thought it was pretty funny coming from grandfather sql queries.

The thing is, most of the money/credit that has ever been created (derivatives and such) makes the amount the physical money in circulation a joke in comparison. It's as if some bitcoin enthusiast decided to etch a bitcoin wallet onto gold (because that has "value" since jewellery and electronics have been deemed "valuable") and placed a fraction of a bitcoin on it compared to the total that have been mined so far.

It's also interesting that an ever so fluctuant of a social construct is used to justify existence of one thing over another thing. One would think existence alone would suffice, but I guess that is not what man seeks…

There are no comments on this comment yet.