Reddit Considering Accepting Bitcoin
Just the fact that someone at Reddit is <i>publicly discussing the possibility of accepting Bitcoin</i> is compelling anecdotal evidence that Bitcoin is on the usual path to wider adoption of all innovative products.  It now appears to be expanding from a tiny number of innovators to a still-small but considerably larger number of early adopters.[1]  I'm persuaded Bitcoin is likely to gain much wider adoption over the long haul.[2]<p>Kudos to Reddit!<p>--<p>[1] <a href="http://upload.wikimedia.org/wikipedia/en/4/45/DiffusionOfInnovation.png" rel="nofollow">http://upload.wikimedia.org/wikipedia/en/4/45/DiffusionOfInn...</a><p>[2] I've written down my reasoning at <a href="http://cs702.wordpress.com/2011/05/29/on-the-potential-adoption-and-price-appreciation-of-bitcoin-in-the-long-run/" rel="nofollow">http://cs702.wordpress.com/2011/05/29/on-the-potential-adopt...</a><p>--<p>Edits: added context; made my point clearer.