This guy is going to laugh his ass off when the most promising technology since the invention of the internet, with a chance to liberate humanity from an infected monetary system, would collapse.
note to self - debunk the "bitcoin is a technology" myth.
Please do? Do you mean it is a way of life
It's a proof of concept not the technology itself. That's a subtle but important difference.
I get your point of view. My current view is that the concept has already prooved itself.
It started as a proof of concept, but I hesitate to still call it that, after 4 years, $350M+ market cap, no major hick-ups, Bitcoin is now "too big to fail". Of course I know realistically it can still fail at any time and be replaced with something different. But that will always be the case.
When would you agree we are on to the next phase? When the Satoshi client goes out of beta? Government acceptance? Another crypto-currency?