svrocks

can this tide you over until that gets implemented?

And then we're not REALLY in a bubble until Air.com, the leader in the social breathing space IPOs at twice that.

For example, on the surface it looks like a bad deal to lend someone bitcoins when almost all bitcoins have been generated. You will most likely receive a very low interest rate. Why wouldn't you just convert to some other currency (say USD), lend money out in that currency, and capture a higher interest rate? The answer is that because since bitcoin inflation will be nonexistent by that time, its exchange value against USD would increase by precisely the amount of US inflation.

The only other type of non-inflating "currency system" I can think of is the market for collectibles (baseball cards, limited edition artwork, etc.). But collectibles have intrinsic value while bitcoins only have value inasmuch as they are useful for transactions.

So, TLDR I am concerned about the long-term viability of bitcoins

My unqualified advice: learn machine learning/AI. MIT OpenCourseware has good lecture notes and I believe Stanford's ML course has free lecture videos. These were the most interesting parts of my undergrad experience (and very practical too)

I decided this was retarded and made a riskless market in textbooks at the end of my senior year by matching buyers and sellers and pocketing the spread (often >50%). I think I made like $800.