Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

MattBaggins

(7,948 posts)

7. No it's not

Reply to TampaAnimusVortex (Reply #3)

Wed Dec 4, 2013, 07:25 PM

Dec 2013

It's a fad that will pass soon.

When the drug dealers and criminal elements keeping it alive realize this shit is going to happen, or worse if it turns out that the FBI could pull stunts like this, they will stop using bitcoin and it will fold.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

17 replies

= new reply since forum marked as read

Highlight:

A Thief Is Attempting To Hide $100 Million In Stolen Bitcoins � And You Can Watch It Live Right Now [View all] phantom power Dec 2013 OP

So many suckers. SMH... tridim Dec 2013 #1

If we're going to extend legal protections to bitcoins customerserviceguy Dec 2013 #2

Bitcoin is here to stay... TampaAnimusVortex Dec 2013 #3

Hah, feel free to invest your retirement savings in Bitcoins then nt geek tragedy Dec 2013 #4

Actually I'm already ahead of the game... TampaAnimusVortex Dec 2013 #9

No it's not MattBaggins Dec 2013 #7

Too bad the senate loves it too then... TampaAnimusVortex Dec 2013 #8

one point I like to make: although the tech was designed to support decentralized currency... phantom power Dec 2013 #14

They're great for buying a snack when Red Warrior Needs Food Badly Orrex Dec 2013 #11

So what's supposedly so great about bitcoins again? Blue_Tires Dec 2013 #5

They have bitcoin banks that set the "value" tridim Dec 2013 #6

The value in bitcoin is it's usefulness as a payment network... TampaAnimusVortex Dec 2013 #10

One of the social-experiment aspects of bitcoins that interests me... phantom power Dec 2013 #12

Many people use "Ponzi Scheme" to describe ...... oldhippie Dec 2013 #13

So what recourse is there when people get robbed like this? Blue_Tires Dec 2013 #15

What recourse is there when someone takes your cash? TampaAnimusVortex Dec 2013 #16

I haven't suggested doing away with *anything* Blue_Tires Dec 2013 #17