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Comment: Re:What an opportunity! (Score 1) 358 358

This comment wasn't insightful in 2009 let alone 2015. While it's certainly possible that the end result could be the same for investors, the idea that it's a pyramid scheme has been thoroughly debunked.

It's a giant ponzi scheme:
In a Ponzi Scheme, the founders persuade investors that they'll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.

A Ponzi scheme is a zero sum game. In a ponzi scheme, early adopters can only profit at the expense of late adopters, and the late adopters always lose. Bitcoin can have a win-win outcome. Earlier adopters profit from the rise in value as Bitcoin becomes better understood and in turn demanded by the public at large. All adopters benefit from the usefulness of a reliable and widely-accepted decentralized peer-to-peer currency.

It is also important to note that Satoshi Nakamoto, creator of bitcoin, has never spent a bitcoin (other than giving them away when they were worthless) which we can verify by checking the blockchain.

Comment: Re:Booze Bus (Score 1) 783 783

In my anecdotal observations there aren't really a many accidents in Boston especially considering the number of cars and aggressive drivers. I think much of it comes down to people having to get "into the zone" to handle it. They may be speeding and lane jockeying, but they are fully engaged. I lived in a small city in Florida, and I think the per capita crash rate there has to be magnitudes higher in much easier conditions.

"In matters of principle, stand like a rock; in matters of taste, swim with the current." -- Thomas Jefferson

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