On Wed, Jul 20, 2011 at 11:29 AM, James A. Donald <jam...@echeque.com> wrote: > On 2011-07-20 4:57 PM, a...@crypto.lo.gy wrote: >> >> At the current market depth and without a widespread adoption, Bitcoin >> exhibits a high volatility. > > So you are telling us if bitcoin fails, it fails. > > Conversely, however, if it succeeds, it succeeds.
This was not my point. I'd better rephrase it in: expectation to have "money backed by bitcoins" exhibiting all the desirable properties of a perfect currency (ie, stable money) are greatly exaggerated. alfonso _______________________________________________ cryptography mailing list cryptography@randombit.net http://lists.randombit.net/mailman/listinfo/cryptography
