Comments on: The bitcoin bug bites SecondMarket http://blogs.reuters.com/felix-salmon/2013/09/26/the-bitcoin-bug-bites-secondmarket/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traduceri romana daneza http://blogs.reuters.com/felix-salmon/2013/09/26/the-bitcoin-bug-bites-secondmarket/comment-page-1/#comment-53855 Mon, 29 Sep 2014 15:35:46 +0000 http://blogs.reuters.com/felix-salmon/?p=22526#comment-53855 If you’ve had a job for a long time, than you meet the minimum criteria that will get you the money that you need fast.

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By: evoorhees http://blogs.reuters.com/felix-salmon/2013/09/26/the-bitcoin-bug-bites-secondmarket/comment-page-1/#comment-48157 Thu, 26 Sep 2013 23:18:59 +0000 http://blogs.reuters.com/felix-salmon/?p=22526#comment-48157 Mr. Salmon, you’re missing an important angle. To those who really understand Bitcoin, it is not just some payment system or fun/speculative investment. Bitcoin (if it grows to some certain level) will change the financial system of the planet.

Now, you can argue it will never get there. Or, you can argue that the changes wouldn’t be good (such as if you prefer governments control peoples’ private property). Whether one is right or wrong on those arguments, please understand that if Bitcoin does not fail, it will become something very powerful and very special. And it will be the set of individuals and businesses that seized the technology in its early years – when everyone else thought it was a joke or scam – who will be proudly looking back on what they helped accomplish for humanity.

Hyperbole? Let’s check back in ten years.

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By: dWj http://blogs.reuters.com/felix-salmon/2013/09/26/the-bitcoin-bug-bites-secondmarket/comment-page-1/#comment-48155 Thu, 26 Sep 2013 13:57:15 +0000 http://blogs.reuters.com/felix-salmon/?p=22526#comment-48155 What SecondMarket naturally is may just be such a cyclical business that it should be a part of something else. Imagine it owned by Berkshire Hathaway, which allowed some of its insurance business to dwindle in the 1980s when they couldn’t write profitable business (while competitors took unprofitable market share and got themselves in trouble); it needs an owner that is willing and able to preserve the long-term value when the optimal course of action in the short-term is largely to sit around doing nothing. (Better would be a situation in which employees could move in and out of SecondMarket to some other project when they’re needed and not needed for SecondMarket.)

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