Blog post on Bitcoin: Cryptography and the Crowd

[val_ch]

Hi, I've written a blog post about Bitcoin on the International Relations and Security Network's blog:

http://isnblog.ethz.ch/technology/bitcoin-cryptography-and-the-crowd

I received some comments related to security issues, but I'd also also like to hear a few voices on the general conclusions of the blog post. Do you agree? Did I miss something important that affects how ordinary users view Bitcoin? In your opinion, will Bitcoin succeed as a monetary system and be on par with traditional currencies in a few years' time, or will it remain a niche currency? Comments (please directly on the blog) from both critics and supporters are very much welcome. Thanks!

[JPage]

The future can't be predicted like that, if known in advance something like that it will only increase the price..