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If you take the time to learn what's trustworthy, principled, and safe...you won't have any of these issues. Except (2), but that's being worked out right now.
by m52go 9y ago
If you take the time to learn what's trustworthy, principled, and safe...you won't have any of these issues.
Except (2), but that's being worked out right now.
Furthermore, it's way too early to compare crypto to established finance. Just because crypto awareness has gone mainstream, doesn't mean it's ready to compete just yet.
It's still technology for early-adopters. Those who don't understand that will get screwed...as it happens with every other early technology.
- agentdrtran 9y ago> If you take the time to learn what's trustworthy, principled, and safe...you won't have any of these issues. I'm glad my knowledge of Bitcoin will prevent the price from fluctuating.
- m52go 9y agoI was addressing the 4 issues raised by the parent, none of which were price fluctuation.
- openasocket 9y agoIn issue 1: > 1.) It's just like dollar! Shoot, coinbase won't allow me to trade it for 3 months! Every country is banning it? It went up 20% then dropped 50% today?! Note the last sentence.
- Karunamon 9y agoI will say that one of the early benefits to bitcoin, low/nonexistent middlemen fees, is not really a thing anymore. Every single time you move across wallets, at current prices no matter how much coin you're moving, you're out the equivalent of $20USD. Considering that basic BTC opsec is to move your coins around regularly, this is painful unless you have insane amounts of money to throw around.
- gruez 9y ago>Considering that basic BTC opsec is to move your coins around regularly Why? For tumbling/obfuscation purposes?
- deleted 9y ago[deleted]
- muertaugh 9y agoMoreso to mitigate risk of theft, I assume
- hackermailman 9y agoPeople dump their BTC into Monero or Zcash and then sell back into BTC these days instead of using coincontrol for select inputs or tumblers anymore.