Bitcoin can be lent, but cannot create credit in the way that fiat currencies can.  Currently, large economies are making up (creating from thin air) huge amounts of currency to buy debt and other assets, manipulating the economy.  This is not possible with BTC which is one of the major advantages of it.  However, this is not the way the economy currently works.  BTC will give users a guarentee that it will not be devalued by a central bank printing more BTC, BUT it does make it less flexible for those central banks and will therefore never be adopted by them.  This is a currency of the people for the poeple!

Can you PM me with an indication of how much you are expecting for the ingot?

If this is a pirate enterprise, how is it still functioning?  and why are people still using it?  I suppose greed is still stronger than fear!

Why do men have nipples?

Your a bit late to be running for the door!

So much for cleaning up this thread!

It appears from other threads that there is competition and the competition is better at CS!!  I would say that this is looking interesting if I hadent already dropped so much cash into BFL.  Come on BFL.  Give us an update!

I hope not as my preorder will suddenly become worth a lot less!!!

   
   

Nice outputs!

Of course people will be connned again.  Maybe not via the same means and maybe not to the same extent but bit coin makes it very easy for an individual to be parted from their money!

I don't see how this will make bitching worthless? For someone to sell btw it needs someone to buy it, therefore it will have a value.  If there are more sellers than buyers the price will go down.  If it is worthless, you couldn't give it away, so you wouldn't be selling it!