I come to
/. for the comments, but with the new Beta, I can't even see anything! It just says:
''Shazbot! We ran into some trouble getting the comments. Try again... na-nu, na-nu!
It seems like the "developers" need to take some advice from people who actually know what they are doing. I'm happy to help explain what graceful degradation means if they like...
It's called arbitrage and you can think of it like a financial circuit. Sell bitcoins and get Pesos. Sell Pesos to get something else (USD?). Sell that something else for bitcoins. Repeat.
As long as you're charging enough fees to cover your costs, you can make money this way and help people protect their assets with a far more trustworthy, even gold-like currency.
"Consider a spherical bear, in simple harmonic motion..." -- Professor in the UCB physics department