Hacker News new | ask | show | jobs
by kiba 5571 days ago
There's lot of real adoption. The bitcoin forum alone get 500 posts a day and a whole lot of traffic. Maybe you should check us out at http://bitcoin.org

I myself run a little magazine about bitcoin that is hosted on a VPS that I pay in bitcoin. I even own a domain name that I paid in bitcoin.

The economy is still small though, but with adoption, it could become real big.

2 comments

I myself run a little magazine about bitcoin that is hosted on a VPS that I pay in bitcoin. I even own a domain name that I paid in bitcoin.

What kind of exchange rate on bitcoin to USD did you get on these purchases?

Last time it was 0.90 USD something. The exchange rate changes with the market.
No it can't the total money supply is limited to 21 million bitcoins, this will create drastic problems unless they are infinitely divisible.
They are divisible to the 8th place. That's 21 quadrillion unit of bitcoins.
And that could be increased indefinitely if the need arises.
So the economy could become dependent on everyone keeping their software up to date..... As a web developer this scares me.