4 ms·
If "censorship resistant" is the main selling point, it's a lost cause.
by quickben 9y ago
If "censorship resistant" is the main selling point, it's a lost cause.
- grover_hartmann 9y agoWhy? Do you prefer the government having the power to confiscate people's money?
- nikolay 9y agoTell me a recent case of confiscated money in the US. Well, I remember the Feds confiscating tons of bitcoins though!
- grover_hartmann 9y agoThe US is not the whole world. Are you that stupid?
- nikolay 9y agoNo, I'm not stupid, but you're pathologically paranoid. Something that solves a problem for <1% of the global population and some niche cases is of virtually no utility.
- grover_hartmann 9y ago> No, I'm not stupid, but you're pathologically paranoid. I'm not paranoid, I want the world to be a better place. Banks and governments are the cause of the global financial crisis/recession. Lots of families and people's future were destroyed by them. The US is 4.3% of the total world population, there are other 6 and a half billion people in the world. Most of the other 6 and a half billion are completely unbanked, they never had access to a bank account. Bitcoin can help those people. > Something that solves a problem for <1% of the global population and some niche cases is of virtually no utility. I don't know how you can say that. You must be blind.
- nikolay 9y agoIt can't be a better anything with reliance on the Chinese miners and the mining cartels in general. Bitcoin was a decent initial implementation of the idea, but there are better and more resilient technologies in 2017. I am not blind; I just don't accept the solution as a technologist with 30+ years of experience and as one of the first Bitcoin adopters. I am disgusted by the kind of people Bitcoin attracts today and I don't want to be associated with that crown in any possible way!
- grover_hartmann 9y ago> Bitcoin was a decent initial implementation of the idea, but there are better and more resilient technologies in 2017. What are those "more resilient technologies" that you speak about? I want to know, because all the other shitcoins are either more centralized or a scam and not worth looking at in my opinion. I dare you to tell me another cryptocurrency that is more decentralized than bitcoin. > I am disgusted by the kind of people Bitcoin attracts today and I don't want to be associated with that crown in any possible way! What I want to know is why you associate the technology with the people, or why even generalize the whole community because of a few bad actors. I agree there are many toxic people in bitcoin, but you know what? I don't give a shit, just ignore them I'd say. There are far worse people in the current financial system, but you don't seem to be talking about that, I wonder why.