[Cryptography] On Security Architecture, The Panopticon, And "The Law"

[Lodewijk andré de la porte]

2013/12/28 Russ Nelson <nelson at crynwr.com>

> Bitcoins are becoming more valuable because you can buy more
> things with them, and because as people trade, the value of bitcoins
> increases.
>

It's important to distinguish between face value and actual value. Their
actual value increases, but the amount people pay for them is related but
not the same as that. The closer they are the more realistic the general
public* is. Would you say the general public* has a good idea of reality?

*adjusted for buying power!
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