How about five? * private transactions: your identity need not be associated with donating to wikileaks or buying a sex toy * irreversible: no chargebacks or transaction reversals * unseizable: protection against civil…
> but when I explain to them some, they all decide it's too risky, This isn't much of a surprise after looking at some of your prior comments regarding Bitcoin. A few gems: > Yeah, imagine using Netscape in 2017 and not…
> I can send money to anyone I want to, I have no expectation of censorship or interference. Except for donations to WikiLeaks. Or if you want to buy weed in one of the many states where it's legal. Or if the…
Wish I could upvote this comment 1000x. pikzen said: > We live in societies with rules, with laws that we have agreed upon, and are, for the most part, fair. Please review the highlights of the last ~150 years of…
> What is it _for_? It's a global immutable ledger that allows for the irreversible transfer of funds without needing to trust a 3rd party with the control of those funds. Additionally, there's a cap on the total units…
> There are very few legitimate reasons to go out of your way to conceal the source of your income, so in doing so you're already behaving suspiciously. Privacy in an increasingly surveillant world seems like a pretty…
TLDR Author thinks Bitcoin is mostly worthless because there is no single organization deciding how Bitcoin should work or enforcing its rules. And ironically, most Bitcoiners believe this is exactly what gives Bitcoin…
How about five? * private transactions: your identity need not be associated with donating to wikileaks or buying a sex toy * irreversible: no chargebacks or transaction reversals * unseizable: protection against civil…
> but when I explain to them some, they all decide it's too risky, This isn't much of a surprise after looking at some of your prior comments regarding Bitcoin. A few gems: > Yeah, imagine using Netscape in 2017 and not…
> I can send money to anyone I want to, I have no expectation of censorship or interference. Except for donations to WikiLeaks. Or if you want to buy weed in one of the many states where it's legal. Or if the…
Wish I could upvote this comment 1000x. pikzen said: > We live in societies with rules, with laws that we have agreed upon, and are, for the most part, fair. Please review the highlights of the last ~150 years of…
> What is it _for_? It's a global immutable ledger that allows for the irreversible transfer of funds without needing to trust a 3rd party with the control of those funds. Additionally, there's a cap on the total units…
> There are very few legitimate reasons to go out of your way to conceal the source of your income, so in doing so you're already behaving suspiciously. Privacy in an increasingly surveillant world seems like a pretty…
TLDR Author thinks Bitcoin is mostly worthless because there is no single organization deciding how Bitcoin should work or enforcing its rules. And ironically, most Bitcoiners believe this is exactly what gives Bitcoin…