Reply to post: Re: control

Bank of England could mint own brand of Bitcoin

Anonymous Coward
Anonymous Coward

Re: control

"People who think Bitcoin has a long-term future in it's current form are idiots."

Depends how you look at it. As a currency its clearly a non starter due to the built in highly restricted supply and the massive fluctuations in value due to it not been pegged to anything other than the whim of its users. As an investment vehicle however ... well thats another matter. It may crash and burn as better tech comes along or someone finds a major flaw, OTOH bitcoins may become highly sought after in the future for a number of reasons.

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