fubarobfusco comments on Less Wrong used to like Bitcoin before it was cool. Time for a revisit? - Less Wrong

16 Post author: betterthanwell 20 June 2012 01:40PM

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Comment author: fubarobfusco 21 June 2012 12:14:32AM 0 points [-]

Sure, in a sense; but merchants don't really have a meaningful choice of whether to accept it. BTC is new.

Comment author: Eugine_Nier 21 June 2012 03:44:40AM 3 points [-]

Well the problem is arguably worse with regular money since the number of bitcoins that will ever exist is limited, whereas with regular money governments can, and sometimes do, print arbitrarily large quantities.