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A comment on Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin. Parent comment

Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by ebbv on Friday May 15, 2015 @10:35AM (#9550859)
> It's hard to create and distribute a new currency, and convince people that it's worth something.

I don't buy this premise. Lots of online games have also done this. They do this by finding a target audience and hooking them in, and then saying "If you want more you have to pay."

BitCoin just targeted libertarians. People have made other BitCoin forks for other audiences. Granted none of them took off like BitCoin, but that's because they were all pretty much jokes targeted at a small niche.

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by natrius on Friday May 15, 2015 @10:46AM (#9550957)
Bitcoin's political alignments are a distraction and I encourage you to ignore them if your goal is to understand what's happening in the world.

No one buys game currencies to hold. They buy them to spend. If you don't understand why people are excited about Bitcoin, you should go find out. It's a trustless database in the sky, and that sort of thing wasn't possible before 2009. New technologies make old analogies misleading.

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by jbooth on Friday May 15, 2015 @10:50AM (#9550984)
"No one buys game currencies to hold. They buy them to spend."

Ironically, this means that the game currencies are much closer to functioning as an actual currency than bitcoin.

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by ebbv on Friday May 15, 2015 @12:12PM (#9551541)
> No one buys game currencies to hold.

This is actually not true. But I'm not going to get into it since you don't think BitCoin's political alignments are relevant, and you are talking down to me at the same time.

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by natrius on Friday May 15, 2015 @12:48PM (#9551843)
I'm really not trying to talk down to you. I think this stuff is fascinating, and I want you to keep an open mind so you can share in my fascination.
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