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Old 06-18-2013, 01:18 PM  
dyna mo
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the value of bitcoin is it proves the concept works. people will embrace digital currency. purely digital transactions can be made without middlemen or paper changing hands. people agree that it has value as a currency and agree to establish that value often.

bitcoin has also revealed some issues in cryptocurrency concept, namely, that mining btc isn't going to work. it also has been shown to not be truly anon as the block chain can be dug into to retrieve transaction records.

bitcoin is not going to be the crypto currency of choice, it will fail, die, end, whatever.

but the proof will remain.

at least that's my take on it.
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