Why is Bitcoin being made fun of? (buttcoin) : SRSMeta

HA! Why does he even bother! #bitcoin

Actually, the way Bitcoin is set up it will raise in price, and the only thing keeping it from being massively overpriced is the fact that they've been periodically expanding the number of available bitcoins to mine. The problem is they can't do that forever, because as you expand the keys needed to decrypt a Bitcoin it becomes harder to mine. The cost in electricity for a single Bitcoin is already larger then the cost of the Bitcoin itself(this leads into another downside, in that it's terrible for the environment ).

Full article: http://www.reddit.com/r/SRSMeta/comments/xdydo/why_is_bit...