Whoopsie, Bitcoin

[N-OS X-tasy!]

ztirffritz wrote:
In a sense, the interesting thing about bitcoin is it forces one to think about currency differently. Why do we value little green pieces of paper? They only hold value because we all collectively agree that they have a value. If we lose faith in that universal value, then its utility as currency disappears and it becomes just a piece of paper.

I think about that quite frequently.