And the banks are insured by the FDIC and rely on the stability of the US bond m...

jasonabelli on Oct 21, 2011 | parent | context | favorite | on: The World's First Bitcoin Conference

And the banks are insured by the FDIC and rely on the stability of the US bond market. It's a viscous cycle. Lol. It doesn't mean that the bitcoin can't be viable. I just don't think it can be as grandiose a currency as some people are envisioning