[Bitcoin-development] Monetary Authority for Bitcoin

Jeff Garzik jgarzik at bitpay.com
Mon Dec 9 23:10:36 UTC 2013

On Mon, Dec 9, 2013 at 7:23 PM, Ryan Carboni <ryan.jc.pc at gmail.com> wrote:
> It is not a violation of the trust of those holding the currency. Many
> people bought Bitcoin in the hopes that it's value in the relation of other
> currencies will increase, not because there's a fixed money supply. The
> majority of people using Bitcoin as a currency in exchange for real goods
> are using the exchanges.

Your proposal has been met with widespread laughter.  Were I not ill
with the flu, mockery would ensue as well.

Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc.      https://bitpay.com/

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