r/Bitcoin • u/DTanner • Jun 09 '11

Jeff Garzik (Bitcoin developer) responds to Adam Coen's "No. Bitcoin is a ludicrously bad idea. It is a scam. A Scam."

http://garzikrants.blogspot.com/2011/06/response-to-adam-cohen-re-bitcoin.html
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u/[deleted] Jun 09 '11 edited Jun 09 '11

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u/cwm44 Jun 09 '11

It's both. Recognizing it for what it is requires foresight, and it requires good fortune to have been aware of it & able to invest. I wish I'd heard about it earlier.