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Commented on Why I want Bitcoin to die in a fire
Not really. Being digital in nature you can't really tell wheter a transaction was made by a human or a computer process. A little known fact about Bitcoins (Charlie, i'm looking your way :) is that transactions are scripted programs...
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Commented on Why I want Bitcoin to die in a fire
That'a great question. To be honest there's no forseable scenario in the near future where Bitcoins stabilize in price. Notice that i said "near": a critical mass of mined BTCs and associated transactions will be necessary before it actually starts...
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Commented on Why I want Bitcoin to die in a fire
I disagree. It is subject to speculation, yes, but not for philosophical reasons. Right now the market for Bitcoins is very small and prices fluctuate widly because of it - a mid sized transaction can easily impact the market. Add...
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Commented on Why I want Bitcoin to die in a fire
I still can't decide if digital currencies are either a good or a terrible idea, but most of the points made in this article are based on misinformed facts. And that is putting it mildly. For example, how exacly are...