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For those who have been using Bitcoin for years now it's completely fascinating that people still doubt a technology like this that's seen _so many_ ups and downs and yet it just refuses to die. It stubbornly refuses to fail despite everyone's best wishes that it inevitably should.



It is possible it refuses to fail because a lot of people are heavily invested in it financially and monetarily and are still able to artificially prop it up. Support like that cannot last for ever.


See, continuous ups and downs may be seen as kind of a failure.


The 419 scam has been running for over a century, but that doesn't make it a good model for wealth redistribution.

http://en.wikipedia.org/wiki/419_scams


I don't think it's meant as a model of wealth redistribution. I personally just like the fact that Bitcoin allows me to pay for things in a one-time sort of way. For example, paying for pornography would be brilliant. I don't want something as edgy as that linked to my physical address or credit card in any way.


> it's completely fascinating that people still doubt a technology like this that's seen _so many_ ups and downs and yet it just refuses to die

Sounds rather like Second Life. Linden dollars, the currency of the future!




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