On: The Bitcoin bubble – Greater fool theory

[krupan]

Citation? And remember a Bitcoin transaction is cash moving from my account to yours. Not just a promise of cash, after a few days of settlement, if no chargeback happens

[BLanen → krupan]

You really think that a wire transfer takes a week's household of energy(Because that's the current energy per btc transaction)...?

[krupan → BLanen]

What really goes into a wire transfer in order make it happen securely? And is it as secure as a Bitcoin transfer? See also: Xiphias' comment about Proof of Military Power.

[NTDF9 → krupan]

Right...so you want a world where there is no collective security. But hey, at least we all have bitcoins in our wallets?