So you mean the rich get richer because since they own the capital, labor and production and there's less of it to go around, then people will pay more for it. And the poor get poorer because since there are plenty of poor offering exactly the same man hours, the cost of labor is relatively less? How is this different from the status quo? If I was in charge why the hell would I want to grow production at exactly the same rate (or more) than population growth? I want my things to be scarce. I think real economics might not work exactly the way you think it does, when government and special interests get involved in the market.

Public image or greed? I'm betting on greed. I mean it's "cheap" at $500 now, it was at over $1000 a few weeks ago. I'll go all in and I'll double my money again soon... any day now. Guys?

"This time it's different!"

And we need growth because? Growth is sustainable forever right? How about you think about things instead of just parroting them? Those who benefit from growth are governments and monopolies, because then they can increase their budgets or offset future losses without having to do anything at all. It's the low hanging fruit and that is all it is. One day, you run out of easy fruit and have to do work. Debauching the entire system in order to fool yourself that there is more easy fruit will soon bring the whole tree down on top of you. We are fast approaching population sizes and technological levels where exponential growth is no longer possible (or even desired). Why should our economics not reflect this?

Should review the meaning of the word. A re-release is hardly a "debut".

That's not what I mean - I mean about the fact that nothing changes (people pool their resources into 3rd parties giving them power when they really don't have to). Look at google. Google probably isn't the best search engine anymore. It certainly isn't the only one. But absolutely everyone uses Google because they're too lazy to stay on top of research and search engine trends. And when Google brings out a new service, it is instantly adopted (good or bad), because, well, it's google. For example why the hell do I keep coming back to slashdot? Inertia. It's the same shit.

Because the problem never was the currency, the problem is with human beings and their behavior.

He obviously thinks a "currency" whose actual value against other currencies regularly swings 100% or more in a day is useful. Frankly I want to hear about the guy who sank money into Bitcoin ATMs and how he's doing at the moment...

Both safe and anonymous! lol

How about you review what ad hominem actually means and then get back to us? I'll be glad to teach you but we first need a formal agreement as my daily rates are quite expensive.

I use it to keep in touch with my daughters overseas - free SMS. That's all going to change now though Zuckerberg can go fuck himself.

Why should I respect stupidity and willful ignorance? Because that is what religion is. ALL religion.

Brought to you by the religion that also endorses suicide bombers, because some suicides are actually ok.

Recursion is fine if recursion is fine if recursion is fine if recursion is fine if recursion is fine if you do it right.

Which is false.