Does Bitcoin have any logical legal use? (user search)
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  Does Bitcoin have any logical legal use? (search mode)
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Question: Does Bitcoin have any logical legal use?
#1
Yes		  
#2
No		  
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Partisan results
Total Voters: 33

Author Topic: Does Bitcoin have any logical legal use?  (Read 1644 times)
Small Business Owner of Any Repute
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« on: March 01, 2014, 11:11:27 PM »
Bitcoin will never gain mainstream acceptance because it is an inherently risky "currency" to hold. Not only does its value widely fluctuate, but it's at significant risk to theft at all times. Far higher than regular currency. At least when your credit card gets stolen, you're not responsible for the charges made in someone else's name. Bitcoin is just ...



Bitcoin is literally a pyramid scheme.
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Small Business Owner of Any Repute
Mr. Moderate
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« Reply #1 on: March 04, 2014, 07:00:50 AM »
Bitcoin is backed by the full faith and credit of the Internet's hopes and dreams. So is Dogecoin.

At least Dogecoin is fun and, as an incredibly low valued Reddit tip currency, useful.



wow
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Small Business Owner of Any Repute
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« Reply #2 on: March 07, 2014, 06:57:06 PM »
New York magazine has a great piece on titled The Doomsday Cult of Bitcoin that shows ... well, I guess the title sort of says it all, huh?

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http://nymag.com/daily/intelligencer/2014/03/doomsday-cult-of-bitcoin.html
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Small Business Owner of Any Repute
Mr. Moderate
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« Reply #3 on: March 10, 2014, 08:02:49 PM »
Hackers claim they have evidence that the owners of Mt. Gox are the ones who actually stole the $500M+.
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