The fact that no bank can control it, inherently holds value.
But the fact that anyone can roll their own competing currency inherently kills value, doesn't it?
But the fact that anyone can roll their own competing currency inherently kills value, doesn't it?
Makes you wonder if Satoshi isn't simply the NSA.
The more I think about this the more predictable this outcome becomes. BTC is making techies everywhere invest in what effectively amounts to USD.
Yeah, something's weird. BTC went up, not down, when Silk Road was busted. BTC went up, not down, when Congress started holding hearings on the subject.
The two line up basically perfectly. Conclusion? BTC in the news means some portion of people hear about the great new BTC and how much it's going up in value, and some of them buy in.