Why Eve Online's economist thinks bitcoin could be a scam

[johnytelevision]

I had no idea there is EVE online economy specialist.

Ironically bitcoin would probably work well with online games, especially mmo.

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[luv2drnkbr]

oh look some one else who doesn't understand bitcoin who is skeptical of bitcoin

[luv2drnkbr]

While I can't see how anyone could be calling Bitcoin a "scam", the fact is that Satoshi's premine does exist and now we have the feds with their own massive hoard taken from the SR bust. It cannot be ignored that either one of these groups could cause some serious disruptions to the exchange rate depending on if/when/how they cash out.

and then they have no coins.  Problem solved.

why does no one understand that?  it's really that simple.

[franky1]

some context
1. the bitcoin inventor has not wrote any code for 3 years. so you do not have to trust him. instead Gavin Andressen is very publicly known and approachable and he would be the person to contact in regards to bitcoin code.

2. although i explained Eve's theory flaw about trust in regards to bitcoin inventors secrecy being a problem in point 1. we have to realise that EVE online's economist cannot speak to the inventor of FIAT.. as he is dead due to old age. so why trust FIAT if he cant speak to the FIAT inventor?

3. the code is publicly viewable and due to the fact that 100,000's of people use it, and 10's of thousands of businesses have coded and recoded their services to be bitcoin implemented shows the code works and is not a closed system that cannot convert to FIAT.

4. there are not just 1, but hundreds of people that have actually read the code. they do this to make some of the exchanges you see today, explorers, wallet software. and also just geeks who love to read code. so do not think that only gavin A is the only one that knows what is contained in the code.

5. some altcoins like asiacoin have no other purpose thus the amount of people who actually read the code is minimal. although i am shocked that some of the small exchanges that added asiacoin did no checks and simply added it, it was also one of these service providers that wanted to make a explorer for asiacoin that found the hidden code exploit. which proves that outsiders do actually check source code, even on useless coins which have no collection of other services.

[happygeorge]

Hahaha... I read the code too!!!! Only to "compare" LTC with BTC... I was curious what "changes" they made to create a different coin

Later I compared LTC to DOGE and DOGE to PANDA

long story short... THERE ARE A TON OF CHANGES there!!!

So if anyone ever makes a "new coin" you can bet they've read the code! 

I wonder if we can "read EVE'S" code?  How many of their monetary units exist?  How transparent is their "inflation model" .. ?

What if they realize that their game is getting less and less traction, and so the "economists" decide to cash out while they can!?!?