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Author Topic: 2013-04-07 -Bitcoin Magazine: Why Bitcoin Is Just Getting Started by Trace Mayer  (Read 1279 times)
sunnankar (OP)
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April 07, 2013, 10:11:56 PM
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New article on Bitcoin Magazine about why Bitcoin is just getting started. Could use some Reddit power.

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The bottom line: there are a ton of funds flowing into Bitcoin. And nothing could be more exciting for the bitcoin price than a feeding frenzy of well capitalized financial sharks in a market as tight as Bitcoin who then have a financial incentive to build out the infrastructure that will enable greater adoption and network effects.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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April 07, 2013, 10:22:14 PM
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Thanks Trace, but no direct link?
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April 07, 2013, 10:36:48 PM
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http://bitcoinmagazine.com/trace-mayer-on-fox-business-why-bitcoin-is-just-getting-started/
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April 07, 2013, 11:12:02 PM
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Makes me want to buy more Smiley
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April 08, 2013, 02:36:49 AM
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The honey badger reference gave me a chuckle. I'll have to keep that one in mind next time I'm trolling comments on crowdsourced tripe at Motley Fool or Seeking Alpha.

Bitcoin don't care. Bitcoin just takes what it wants. Bitcoin don't give a shit.
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