Bitcoin Education Project, Mastercoin, Bitshares, Ethereum.

I'd rather get paid more bitcoins than fewer bitcoins, so as long as they want to keep the price low is fine with me.

He's got quite the track record.

I don't believe this is a valid question.

We don't have the slightest idea what will be valuable 1000 years from now.

You're assuming that "different blockchains" is a viable concept that's sustainable in the long term.

I know many people are wishing very hard for this to be the case, but economics doesn't care about how hard people wish...

You know what the proper rate is? Looking forward to seeing your paper demonstrating your solution to the economic calculation problem.

Sure, I accept this as a possibility.

What's the best way to combat it?

Spoiler alert: it's not demanding a halt to progress.

There is one valid concern regarding allowing the transaction rate to increase - bandwidth in the network is donated, not paid for. More transactions on the network increase the resource consumption of volunteers who operate relay nodes without providing them with any corresponding revenue.

So if you want Bitcoin to grow sustainably fix that problem instead of demanding the transaction rationing problem remain unfixed.

I don't trust Bitcoin Foundation, and I also want Bitcoin to scale up because that's the only way it can survive.

There are 7 billion people in the world, and with a 1 MB block size limit, it means everybody on the planet is allowed to use Bitcoin once every 33 years.

That's never going to happen - if Bitcoin transactions stay rationed, then it will die because everybody will switch to a better currency.

Just what the world needs - more scamappcoins.

I few months ago, I watched a friend encounter the downsides of gold first hand.

He was moving internationally and had absolutely no way to move the amount of gold he had with him.

Long story short, he sold all his gold for bitcoins, and had absolutely no trouble taking the bitcoins with him.

As far as the prepper argument goes, I'm pretty sure that any natural disaster that takes down the internet will destroy the entire concept of a money economy in entirely, so gold will be just as useless as bitcoins.

If you want to prep for that kind of situation, the physical goods you want to hoard aren't gold.

Not silly to anyone who understand the concept of opportunity cost.

First things first.

Ethereum house needed to make sure they were fully stocked with herbs.

Peace of mind is knowing my savings are protected from bail-ins, remote asset forfeiture, and are 100% portable internationally.

The future will not resemble the pass.

This is the financial equivalent of people playing fantasy football and mistaking themselves for athletes.

"The primary purpose of evil people is to instill helplessness in the morally energetic." --Stefan Molyneux

I can explain how Open-Transactions is going to do it...

If that is indeed the case, why exactly are you spending your time here, on a Bitcoin forum?

Surely, if Bitcoin is destined to end up in the dustbin of history you could find more productive things to do with your time?

I wonder what mechanism could make it profitable for you to spend your (presumably) valuable time on the enthusiast forum of a doomed technology?

I'm glad people like you are around to make sure the wrong type of people don't become large bitcoin holders.

I don't want the future to belong to you or people who listen to you - keep up the good work.

How do to both:

0. Get a job / start a business
1. Convert all your savings to btc
2. Arrange to have your income paid entirely in btc
3. Every time you receive a salary payment, buy enough fiat to cover your expenses until the next payment. Hold the rest of the bitcoins as savings.

Exchange rate falls from $600 to $400? Congratulations - you just got a 33% pay raise.

Exchange rate rises $400 to $600? Congratulations - your savings are worth 50% more.

4. Laugh at all the daytarders