brentweaver

I think BC is a fantastic platform--I am sure the currency will see some massive spikes (we are on it) and bigger troughs--but to make the assertion that it will completely fail is a bit ignorant. The only downside I see right now is the valuation of goods pretty much has to keep a real-time pricing engine in place for anyone that wants to take BC. Much like in countries that experience super high inflation or deflation...they have to first look up the value of the currency before they can complete a transaction which is a total pain. Right now there isn't much risk from the perspective of a vendor b/c the value of the currency keeps going up compared to other currencies. The second that trend goes the other way, me as a vendor might not be so interested in taking BC anymore unless it's totally liquid and I can sell it on the market instantaneously.

Nice observation :)

I write about my experience without thinking of my products. My editorial team will typically go back through and add relevant links. Of course I think my products are relevant as that is what pays for me to give away a bunch of free advice and blog about my past experiences growing my web agency. But just to make sure you know, I don't have a product called "Online Business Ecosystem paradigm".