Comment: Bitcoins

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In reply to comment: Still a fiat currency (see in situ)


are complex to understand, true, but they are simple to use. How many people know exactly how car engines and transmissions work? Yet millions drive cars.

I sent Michael Nystrom a bitcoin directly in a few seconds, making a few clicks, for his Daily Paul fundraiser. Meanwhile all the other donors were struggling to pay via PayPal (involving fees) or checks in snail mail, or other slow means.

I agree with your last line, though ;)

Edit: I also agree with not thinking of Bitcoin as an investment.