>> Yet Bitcoin, nonetheless, works. > >How's BitCoin doing? As well as ever. If you want an economy based on pet rocks, which is what bitcoins are, it works fine. If you want an economy where people do the kinds of transactions they do with real money, not so great.
Bitcoin's problems aren't the crypto, which as far as I can tell is quite sound. Bitcoin has all the economic problems an 18th c. gold standard has, except that it's a lot easier to steal bitcoins than to steal gold bars. R's, John _______________________________________________ cryptography mailing list [email protected] http://lists.randombit.net/mailman/listinfo/cryptography
