Bitcoin exchanges blowing up and and the "smart" guys patio and eliezer making once again ignorant comments about bitcoin. Oh well, nothing new under the sun.
Btc is cool because it requires nothing but the network. The moment you require counterparty (as is the case in the examples), you might as well let the counterparty control the 'logic' of the case as well.
Bitcoin exchanges blowing up and and the "smart" guys patio and eliezer making once again ignorant comments about bitcoin. Oh well, nothing new under the sun.
Btc is cool because it requires nothing but the network. The moment you require counterparty (as is the case in the examples), you might as well let the counterparty control the 'logic' of the case as well.