@sama totally agree with almost all of this. Though I disagree with "bitcoins are designed to go up [in value]."
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@sama In the long run investors will anticipate future bitcoin deflation and drive the current price up far enough so that that is priced in
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Replying to @adamdangelo
@adamdangelo hmm, ok, you're probably right about that. patrick collison thinks the same thing. editing.

Dec 1, 2013 · 7:33 PM UTC

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Replying to @sama
@sama @adamdangelo yes, seems like there should be an equilibrium point.
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