Comment Re:Why virtual currencies are ineffective (Score 1) 144
Pfft
You are wrong too. Especially aboit your believes what I know, might know, don't know or might not know
I can use Bitcoin without mining. Wow, what a surprise. Just like I can use gold without mining it.
No one is forced, abducted, or in any way drawn into using or mining bitcoins. So it is not a scheme and certainly not a pyramid scheme.
The price of the bitcoin today is completely irrelevant
I don't buy bitcoins, I buy a physicsl good. Bitcoins Imonly use for money transfer. It does not matter if I have to buy X bitcoins today for $20 to buy an item worth $20 or if I have to buy Y bitcoins tomorrow for $20 to buy a similar item. I don't care what X and Y are