“Will Work for Bitcoin” Coder Says Most Using It as Investment Vehicle

That's the rational thing to do if you expect the value of bitcoins to keep skyrocketing.<p>Ultimately, people will want to cash out. If they cash out by trading for dollars, bitcoin will fail. If they cash out by buying stuff, we'll have a new currency on our hands.

I'd be willing to work at a lesser rate for bitcoins too. The problem is that the overlap of people that want web/social media crawlers and/or data analysis and the people that are willing to <i>spend</i> bitcoins to hire them are effectively nil.

I am sure the people investing the the Securities Exchange Company aiming to get in on the new international reply coupons also thought of it as an investment vehicle...

Pretty sure governments will muscle in on bitcoin. The way governments work is by ensuring that they exist to mediate, ostensibly to streamline and maintain a higher authority in case things go wrong. I wonder how long it will be until these middle-men want-in on this as well. Governments hate it when independent, optimal and thinking networks with free nodes emerge. On the other hand the potential to abuse the system exists as well.

I'd be willing to sell shares in my startup for bitcoin. I can then pay developers with the proceeds to guys like Nick. I can then collect btc payments to my startup in order to pay back investors. It's a viable system. Beats having to go to the same old cast of characters for investment. Customers can become shareholders too. Bitcoin is family.<p>edit: can be family

I'd be willing to work for BitCoin, too. But preferrably for smaller projects atm. I am not sure yet how to best convert BTC to EUR - did some trades on BitMarket.eu, but it is pretty low volume.