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(Ars Technica)   A study finds that 45% of Bitcoin exchanges end up failing, taking their users' money with them. But, hey, at least Bitcoin isn't fiat currency, amirite?   (arstechnica.com) divider line 9
    More: Fail, Wired UK, bitcoins, empirical  
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3066 clicks; posted to Geek » on 27 Apr 2013 at 1:40 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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vpb [TotalFark]
2013-04-27 01:48:28 PM
5 votes:

Kuroshin: "But, hey, at least Bitcoin isn't fiat currency, amirite?"

WAT


You know, made out of old Italian cars.
2013-04-27 02:01:00 PM
2 votes:
Bitcoin is flawed, but the fact that anyone is using it at all is proof that a growing number of people realize how unstable U.S. currency could become.
2013-04-27 06:10:39 PM
1 votes:

NeoCortex42: Gold is actually pretty damn useful in electronics.


If you're in Asia where you've got a chance of having access to an electronics factory after the apocalypse it will serve you well. For the rest of us it's just for dental work and convincing libertarian prostitutes to sleep with us in Bartertown.
2013-04-27 05:00:58 PM
1 votes:

Animatronik: Bitcoin is flawed, but the fact that anyone is using it at all is proof that a growing number of people realize how unstable U.S. currency could become P.T. Barnum was right.



FTFY.
2013-04-27 03:49:27 PM
1 votes:

Animatronik: Bitcoin is flawed, but the fact that anyone is using it at all is proof that a growing number of people realize how unstable U.S. currency could become.


So some internet currency used by a fringe minority of internet users backed by nothing controlled by no one is now experimentally equivalent to the legal tender of a nation state with the highest GDP in the world. ...  That's the dumbest shiat I've ever read.

Almost forgot:RON PAUL
2013-04-27 02:04:17 PM
1 votes:

Animatronik: Bitcoin is flawed, but the fact that anyone is using it at all is proof that a growing number of people realize how unstable U.S. currency could become are stupid.

2013-04-27 01:59:35 PM
1 votes:
upload.wikimedia.org

/Buy me!
//I always go up, look at my trend!
2013-04-27 01:51:41 PM
1 votes:
I seriously doubt it's that high or we would have heard of it by now.
2013-04-27 01:50:50 PM
1 votes:
Can't wait to see how all my libertardian friends who invested in bitcoins find a way to blame this on the gub'ment...
 
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