January 5th, 2015

pmarca 12/Attacking Bitcoin for having speculative levels of volatility is missing the point of how the system was designed for this point in time.

2:48 PM, Jan 5th, 2015 via Twitter Web Client (retweeted on 3:46 PM, Jan 5th, 2015 via Twitter Web Client)

pmarca 11/Bitcoin was specifically designed to use speculation early on to overcome the normal chicken/egg boostrapping problem for new networks.

2:47 PM, Jan 5th, 2015 via Twitter Web Client (retweeted on 3:46 PM, Jan 5th, 2015 via Twitter Web Client)