re: #80 Decatur Deb

In the end, every currency rests on firepower and jail cells. I don’t see either attached to Bitcoin.

The most glaring problem I see with Bitcoin is that it’s infrastructure, generation and validation mechanisms depend entirely on the internet, a largely unfettered internet. Okay, that’s obvious, great, but the implications in any kind of emergency / societal disturbance are enormous. Bitcoin markets itself as an underground, counterculture currency, but in a real irony its dependence makes it worthless without the very establishment it ostensibly undermines.