Showing posts with label floating point math. Show all posts
Showing posts with label floating point math. Show all posts

Thursday, April 18, 2013

A few more thoughts about Bitcoin and numeric values


Sorry to keep harping on this one topic, but I was reading the "Myths" page on the Bitcoin wiki and something struck me as kind of funny and strange.

Bitcoin has been compared to the gold standard, because the coins "exist" (so to speak) in limited supply. Indeed, believers in Bitcoin and believers in precious metal currencies seem to be the same people in a lot of cases.

But here's the interesting part: some of the arguments for Bitcoin openly undermine and negate the arguments for using gold and silver as currency. Check this out.