Bitcoin history continues, with another magnificent piece from mid 2011.

Once again, it's as if it was written last year, and is one of the pieces of Bitcoin History which you just have to look at and marvel.

http://cs702.wordpress.com/2011/05/29/on-the-potential-adoption-and-price-appreciation-of-bitcoin-in-the-long-run/

This one is written by cs702.

He nails everything from MoE to SoV arguments, some basic math on price appreciation, the demonetisation of gold, the adoption by Salvador and so much more.

Very, very, very impressive piece of historic Bitcoin literature.

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