two thoughts: couldn't the service that limits the supply of bitcoins be hacked? and: can't the problem of deflation that results from a limited supply of bitcoins be solved if banks spring up and create credit based on their reserves of bitcoins (or alleged bitcoins)?
On Wed, Jun 15, 2011 at 2:12 AM, jmp <[email protected]> wrote: > > What do progressive economists think about Bitcoin (about which certain > segments of cyberspace are raving)? > > See for instance: > > http://tav.espians.com/why-bitcoin-will-fail-as-a-currency.html > > http://www.quora.com/Bitcoin/Is-the-cryptocurrency-Bitcoin-a-good-idea > > http://ncarlson.com/post/5493803214/bitcoin-experiment-first-job-offer > > http://p2pfoundation.net/Bitcoin > > > m > > -- > http://commoning.wordpress.com > > "...I thought we were an autonomous collective..." > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
