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Author Topic: 2013-03-05 Seeking Alpha: Bitcoin Bubble 2.0  (Read 2384 times)
Raoul Duke
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March 06, 2013, 03:34:06 PM
Last edit: March 06, 2013, 03:52:19 PM by psy
 #21

I hope that someone has saved it Smiley

What? I just read it on the site...

Anyway, here it is:

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lonelyminer (Peter Šurda)
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March 06, 2013, 05:46:13 PM
 #22

Well, I have the original on my kindle, but the site went back up so it's not a problem.

Anyway, this is my rebuttal.
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March 06, 2013, 10:59:12 PM
 #23

Isn't the USD susceptible to the author's claim of being "hyperinflated in substance"?  There are thousands of fiat currencies out there, yet the USD does fine.  Not to mention the USD printing press runs 24/7.  Bitcoin may not always be the only cryptocurrency, but it doesn't have to be for it still to have value.

The only reason to limit the block size is to subsidize non-Bitcoin currencies
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