Re:How Success Almost Killed a Game, and How Its Creators Sa...
by dash2 on Sunday April 19, 2015 @09:06AM
(#9402979)
s/Magic/Bitcoin/g.
Magic is a great game -> lots of people start playing it -> people start trading cards -> speculators buy the expensive cards -> game's no fun any more.
Bitcoin is a clever platform -> lots of people start using it -> speculators buy the currency -> too expensive and volatile to use for trade -> no use for trading any more.
Re:How Success Almost Killed a Game, and How Its Creators Sa...
by SEMW on Sunday April 19, 2015 @09:29AM
(#9403048)
I don't follow your analogy. The smallest tradeable unit of bitcoins (the satoshi) is currently well under a thousandth of a U.S. cent. This is "too expensive ... to use for trade"?
Magic is a great game -> lots of people start playing it -> people start trading cards -> speculators buy the expensive cards -> game's no fun any more.
Bitcoin is a clever platform -> lots of people start using it -> speculators buy the currency -> too expensive and volatile to use for trade -> no use for trading any more.