KING OF FUD! DISCLAIMER: I own .05 bitcoins.


  1. Sam
    May 21, 2013 @ 4:46 pm

    Shouldn’t the value of a bitcoin be determined by the power consumed to make said bitcoin? I guess the bitcoin “economy” or whatever you want to call it also determines it value by predicting the rise over time, so its really worth whatever other people think its worth as well. I think you can hold the same logic over whether rare baseballs cards are really “worthless”, its really worth what people want to pay for them. I would like some feedback because obviously you value your opinions enough to make a blog on why bitcoins are terrible.

    I am not a huge bitcoin enthusiast, but it does interest me. Im currently holding onto about .8 btc I got from someone who paid me for a coding job. It’s obviously stupid to put your life savings or a lot of money into something so volatile, I am not arguing that of course.

    I would like to hear about your opinion on what I said, let me know.


    • Cease to Hope
      May 24, 2013 @ 8:41 am

      Shouldn’t the value of a shit be determined by the value of the food consumed to make that shit?


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