Permalink for Comment #1375300710 by MrJones

, comment by MrJones
MrJones @jking007 said:
Well, the US dollar is not really worth anything either, but we all agree it has value. Pretty much the same with virtual currency.
Yes, the US Dollar is worth a Dollar. If someone hacks into your bank account and steals all your dollars there is a legal framework to get that money back. If someone hacks your bitcoins, your out of luck.

Is the Mockingbird Foundation planning on making grants for music education in Bitcoin? Or just turning it into cash and then making grants with that? It seems like it would be fairly challenging to figure out a grant structure with a constantly fluctuating bitcoin "market".

Good luck with this decision. I don't envy whoever keeps the books for Mockingbird.


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