rhollerith_dot_com comments on [LINK] Two articles on Bitcoin - Less Wrong

4 Post author: David_Gerard 16 May 2011 02:36PM

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Comment author: blogospheroid 18 May 2011 09:56:07AM 2 points [-]

A rationality and bitcoin related question.

When does the Singularity institute plan on redeeming any bitcoins it gets as donations?

Immediately.(the dollar perceived as a better store of value than bitcoin, any given moment of time)
Wait for a while until a signal comes which boosts bitcoin value like a major e-store accepting it.
Wait until all the dollars run out (Bitcoin perceived as a better store of value than the dollar)