If it fails it's because it has no value. If criminals need it to transfer funds... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		csomar on Oct 11, 2011 \| parent \| context \| favorite \| on: The Bitcoin Crypto-Currency Mystery Reopened If it fails it's because it has no value. If criminals need it to transfer funds (and they have quite a business), then it might make BitCoin valuable. It doesn't matter if there is a limited amount of BitCoins if the end point is to exchange them.

icebraining on Oct 11, 2011 [–]

(Market) value is set by how much people are willing to pay for it, so they do have value.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact