Hello, ideological sympathizer but opponent here

[ill_logic]

Hello,

I'm joining the forum to engage in conversation (where appropriate) about the economic nature of Bitcoin. I understand it's a complicated topic and I'm open to being wrong, but only after I'm sure that we're really seeing eye to eye on the arguments.

I love BTC from the political and technological standpoint. I'm basically with Peter Schiff on the economics, though I can see where his recent video leaves some holes open for counter arguments, and I think I've worked out some counter-counter arguments. Also, I'm open to the possibility of somebody finding a way to save BTC from the economic pitfalls, but it would require some work. Hopefully people like me can make the case for the problem, to encourage the fixes.

I've occasionally been blogging about it:

http://ill-logic-politik.blogspot.com/search/label/bitcoin

Note: they're long-winded, and blogspot lists them in reverse order. I'm working on being more concise.

Cheers!

[burnum]

Hello,

I'm joining the forum to engage in conversation (where appropriate) about the economic nature of Bitcoin. I understand it's a complicated topic and I'm open to being wrong, but only after I'm sure that we're really seeing eye to eye on the arguments.

I love BTC from the political and technological standpoint. I'm basically with Peter Schiff on the economics, though I can see where his recent video leaves some holes open for counter arguments, and I think I've worked out some counter-counter arguments. Also, I'm open to the possibility of somebody finding a way to save BTC from the economic pitfalls, but it would require some work. Hopefully people like me can make the case for the problem, to encourage the fixes.

I've occasionally been blogging about it:

http://ill-logic-politik.blogspot.com/search/label/bitcoin

Note: they're long-winded, and blogspot lists them in reverse order. I'm working on being more concise.

Cheers!

Bitcoin has created many, many, millionaire's, why would they not set aside a couple hundred grand to fix the economic pitfalls? or create them possibly?  in my short time watching BTC I am pretty sure that those holding it are protecting it, you should write about that.
Cheers 

[ill_logic]

Bitcoin has created many, many, millionaire's, why would they not set aside a couple hundred grand to fix the economic pitfalls?

Interesting point. I think that the more BTC you're holding, the higher the cognitive dissonance necessary to change your mind about whether it's economically sound. However, if I sell it as a *fix* rather than *"you're doomed"* then they might entertain it.

[burnum]

I am with you on that, if it was myself with 20,000.00 bitcoins I am pretty sure I would disconnect and only see it getting growing in a positive light.