Comment: answers

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In reply to comment: Who Runs The Mining Software? (see in situ)


Anyone can mine Bitcoins.

The exchange rate will fluctuate just as it does for gold or other currencies. Competing currencies are good.

Bitcoins have a fixed inflation curve until all the coins are mined. Once that occurs, no new coins can be created, period.

Government can pass laws about bitcoin, but since they cannot sieze your account or stop you from transacting with whomever you choose, the law is meaningless.