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7. Re: Evening Metaverse Mar 6, 2014, 10:12 Beamer
 
Slick wrote on Mar 5, 2014, 23:17:
hilarious indeed, but not for the reason you state.

Mtgox get robbed, and people think bitcoin is done for, HA! gee I've never heard of anyone robbing a bank before... remember that one time some crooks made off with some USD? boy, nobody ever tried using US dollars again after that you betcha. I wonder how many years ago it was when anyone tried robbing a crate of gold for the first time? that sure was the last nail in the coffin for that archaic "gold" stuff. i mean people only said that gold had value because it was rare, impossible to duplicate, and there was a finite supply of it... sound familiar?

people aren't seeing the face-slapping truth that if someone's willing to try and steal 750,000 bitcoins, then they're obviously worth taking. if anything it raises the entire profile of bitcoins.

and for the record, bitcoins are so two-thousand and late, there's a myriad of alternalt cryptocurrencies that are traded in the hundreds of billions every day on exchanges around the world.

it's never going to replace fiat currency, that's what penniless hippies and anarchists say when talking about bitcoin, people who have obviously never traded or mined a single satoshi worth (the smallest denomination of a bitcoin 0.00000001 BTC).

either get with it, or get left behind. not like ya didn't have fair warning.


your analogy is stupid. If a bank gets robbed, I still have my money. It doesn't just disappear. And robbing a bank is risky and difficult. And someone has some control over the ebb and flow of the dollar, which is actually a good thing.
 
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Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
 
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