<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><span style="font-family: Arial; font-size: 13px;">Brent Allsop <brent.allsop@canonizer.com> wrote:</span><br></div><div style="font-family: 'times new roman', 'new york', times, serif; font-size: 16.363636016845703px; color: rgb(0, 0, 0); background-color: transparent; font-style: normal;"><span style="font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal;"><span style="font-size: 12.727272033691406px;"><font face="Arial">> </font></span><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">And the most important part of all this, if you have a currency that can't grow at all, like Bitcoins, it would be
catastrophic, </span><span style="font-size: 12pt; background-color: transparent;">since it would soon start to even suck money away form the stock market. </span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 12.727272033691406px; font-family: Arial;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">Perhaps I'm missing something, Brent, but your Armageddon scenario makes no sense to me. One could buy stocks with bitcoins. And people who made millions in bitcoins could buy even more stock. Bitcoin is just another commodity, similar in many ways to gold or silver or
oil or even dollars (yes, all currencies are commodities). This commodity is currency-like in that it lends itself to commercial transactions. It is gold-like in that it is intrinsically scarce.</span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">> You wouldn't get anyone willing to invest in any start up anywhere. </span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 12pt; font-family:
'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">> Why do that, or why invest in any other currency, when you have a guaranteed 10 times in 2 year return, with Bitcoins, </span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 12pt; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;">Show me how anyone is guaranteed to make anything in bitcoins. Who/what stands behind that guarantee? The so-called Law of Bitcoins (or whatever you call
it) is merely a theory.</span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 12pt; font-family: 'times new roman', 'new york', times, serif;"><span style="font-family: 'times new roman', 'new york', times, serif; font-size: 12pt;"><br></span></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 16.363636016845703px; font-family: 'times new roman', 'new york', times, serif;"><span style="background-color: transparent; font-size: 12pt;">Gordon</span><br></div><div style="color: rgb(0, 0, 0); background-color: transparent; font-style: normal; font-size: 12pt; font-family: 'times new roman', 'new york', times, serif;"><br></div> </div></body></html>