Comment: I'm not a bitcoin fanboi

(See in situ)

In reply to comment: Nonsense! Demand != value, (see in situ)

I'm not a bitcoin fanboi

I'm not a bitcoin fanboi because I don't understand it well enough. However, I'm curious about it because of it's usefulness. A bitcoin is utterly impossibly to be taken or spent by anyone other than the owner, without breaking into their computer or something. A bitcoin can be transferred completely anonymously over a peer to peer network. The only person who has any knowledge of the amount of bitcoins any one person has is that person who owns them.

Also, the bitcoin network has an interesting side-effect that I'm playing around with.... it can send anonymous, encrypted messages.

(I work in IT, not crime, if you're wondering. haha)