There are two layers to the Bitcoin infrastructure: The wire-transfer/public ledgers.
The exchanges. The wire-transfer/public ledger software is compact and highly vetted. The exchanges are just websites. The exchanges are not necessary. On Tue, Feb 25, 2014 at 6:46 PM, Jed Rothwell <[email protected]> wrote: > Giovanni Santostasi <[email protected]> wrote: > > Bitcoin will be 1 Million dollars by 2019. >> > > Until a 16-year-old Russian Hacker gets into the bank, the way one got > into the Target credit files. A week after that, the Bitcoin will be worth > $14.38. > > - Jed > >
