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    Author Topic: Bitinstant brokering extortion threats?  (Read 7444 times)
    interlagos
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    September 09, 2012, 12:54:39 PM
     #101

    ...

    Bitcoin won't go away because of Pirate, but it can't prevent other systems from cropping up.
    If majority of people consider that one person having 2.5% of coins in possession in one system is a negative thing then that system will get less weight within the set of similar systems where the distribution of coins is more fair.
    Eventually the value of that particular coin will reflect that and the natural balance will be established.

    Thats a good point. I feel no motivation to keep promoting bitcoin now that some of its richest people are scammers and thieving parasites.

    The major problem is that most people are simply unaware of the new systems that are coming.
    People using the old system don't necessarily like it, but they simply don't know what else they can do.

    Bitcoin in that regard represents the idea of the new system, even though this particular implementation might not be the final solution. Once they get the idea, they'll be able to choose and decide which one of the new systems suits them best.
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