"This is a wonderful thing" - Mike Maloney speaks on Bitcoin

Load of Bullion

Load of Bullion

Well-Known Member
"Free-market money, Bitcoin is an attempt at that" - Mike Maloney

[youtube]http://www.youtube.com/watch?v=XZ4bVgzxp2g[/youtube]
 
TreasureHunter said:
But it's flawed.

Bitcoin 2.0 might have more success.
Click to expand...

Bitcoin is still in beta. http://bitcoinmagazine.com/11831/bitcoin-beta-longer-gmail/
Why is it flawed? Has someone been cheated via the code or something? Bitcoin is not perfect, nor is it competing with perfect. To simply state that "it's flawed" would require something of substance to back this up, IMO.
Bitcoin is an evolving technology that has started from scratch to evolve into something Central Banks across the planet have found reason to comment on.
What would account for more success.
 
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