Are bitcoins indestructible?
Yes they can be lost but are they indestructible?
I think that they are very different to tulip bulbs which can be farmed and can rot away.
So I don't think it is a fair analogy to bitcoins to tulip bulbs as this Dutch banker attempts to:
http://www.theguardian.com/technology/2013/dec/04/bitcoin-bubble-tulip-dutch-banker
One would have to question Nout Wellink's motivation here. Does he really believe bitcoin is unsound money or perhaps does he perceive is that his social status is under threat. Is he slandering bitcoin in a vain attempt to preserve his privileged position in society?
