News for hackers. Stuff that matters.

A comment on Swiss to vote on proposals to treat bitcoin as foreign currency. Parent comment

Re:Swiss to vote on proposals to treat bitcoin as foreign cu... by algorias on Monday December 23, 2013 @03:22AM (#6953571)
> why should bitcoin be enshrined as the only special crypto-currency worthy of recognition?

I agree, but the reason you state has nothing to do with it. Who the fuck cares who Satoshi is? Why does it matter, given that the protocol operates independently from its original author and research can be done on it without his/her permission? Finally, who is this we you keep talking about?

[ Parent | on HN ]
Re:Swiss to vote on proposals to treat bitcoin as foreign cu... by robryk on Monday December 23, 2013 @04:21AM (#6953668)
The point here is that Satoshi is believed to have access to wallets with a great number of early-mined bitcoins. The wallets were unused since a few years and can be used to suddenly increase the amount of bitcoin in circulation, which'd devalue it significantly.
[ Parent | on HN ]