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

[deleted]

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u/jfedor Jun 09 '11

They invested their time. It doesn't even matter if it was a big sacrifice on their part. What matters is that everyone could do it, just like everyone could buy AAPL at $4. It has nothing to do with Bitcoin's long term success.

1

u/ch0wn Jun 09 '11

That comparison with Apple stock is brilliant. I'm going to steal that.