6 ms·
Bitcoin: A New Wave of Bag-Holders Are Born
- Canada 9y agoSite demands I install an app to read the full article.
- arisAlexis 9y agowhat a negative title. people buy bitcoin because they also believe in it regardless the price and want to participate in the new economy
- a_t48 9y agoI'd say that's a minority. At least of people I know.
- nikolay 9y agoYeah, right. Today, Bitcoin is the equivalent of VHS when Blu-Ray DVD is widely available.
- cachesking 9y agoWhat’s the blu-ray DVD then?
- FrozenTuna 9y agoAtleast in the US, Visa backed by a bank. 7 transactions per second versus 24,000 transactions per second. Banks are fdic insured and handle security for you. You might be capable of securing a private key that you actively use like a debit card number, but I'm not confortable with it and there's no way I'd let my aging parents near financial vulnerability like that with an 80 foot pole. As much as we all hate banks and all the bad they do, they provide necessary services.
- arisAlexis 9y agoif you compare centralized vs decentralized with tps you really don't get what's all the deal about no government control and immutable ledgers. downvote away and think about this comment in 10 years.
- nikolay 9y agoBitcoin is centralized, too: a few mining cartels, a few lead developers, a few exchanges, etc.
- arisAlexis 9y agoactually, due to the fanaticism that exists against cryptocurrencies in HN, I think it will take over everything. People hate it either because they didn't get in early or because it's disruptive to their work or because they would like to understand it but can't and many other reasons.
- slivym 9y agoWow, this is a toxic website.