Comment by enmaku

Even if I concede the point that Bitcoin is becoming a centralized bank - which I don't - how exactly is it "bad and unreliable"? At least this bank is run algorithmically by the crowd/cloud and can't rape pillage or otherwise screw you out of your money on the whim of a handful of rich white men... Perhaps I'm showing my politics too clearly here, but I do honestly believe that math is a better tool for deciding what happens to my money than the board of directors at Goldman-Sachs.