If confidence in the currency — which has had a rocky past — continues to grow, it may yet break into the mainstream (see «Virtual economy looms as digital cash grows up «-RRB-.
However, The Verge has questioned Lee's motives, suggesting that for a currency's founder to sell his entire holdings would seem to indicate a lack
of confidence in the currency's future.
If confidence in a currency (especially fiat currencies) is essential for them to maintain their value then what happens as and when market confidence is eroded too far eg when players like Dwolla start to drop out?
Currencies, and
confidence in currencies are ephemeral.
He also talked down the dollar in saying that, while the gains are understandable due to stronger economic performance and
confidence in the currency, a weaker dollar would be more desirable.