3 ms·
There's always the chance that you can evolve and improve upon the technology instead of something else coming to replace it. For bitpay's usecase Bitcoin is b
by lawn 9y ago
There's always the chance that you can evolve and improve upon the technology instead of something else coming to replace it.
For bitpay's usecase Bitcoin is being replaced by other coins because it fails to embrace on-chain scaling in favor of off-chain scaling which is far from ready. This is exactly as predicted.
- Frogolocalypse 9y agoYep. If you want to get your transactions tracked by the chinese government, it is cheap. Like PayPal. If you want your transactions to be private, you use a decentralized blockchain like bitcoin.
- lawn 9y agoI'm sorry but your continued comments in this thread are just play wrong. > If you want to get your transactions tracked by the chinese government That's such a stupid thing to say as with an open ledger everyone can track your transactions. > If you want your transactions to be private, you use a decentralized blockchain like bitcoin. You don't even know what a private transaction is. Bitcoin has an open ledger and all transactions are exactly as traceable.
- Frogolocalypse 9y agoIf you don't run your own node, which is the aim of bcash, your ip address is tied to your payment. You have the payment processor, and the node, and the miner, all sharing the same information. The chinese government appreciates your compliance with its crypto implementation.