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Do you have a link/source to reversed BTC transactions? At point 3, you seem to be strawmanning ETH for BTC, where it seems the user you're replying to is refe

Do you have a link/source to reversed BTC transactions? At point 3, you seem to be strawmanning ETH for BTC, where it seems the user you're replying to is referring to BTC. Early tech is early tech. We all know this. More people use the internet now that you don't have to dial-up and make your phone line busy for it. Credit card fees are (typically) pushed to merchants, the actually settlement time takes far longer than the transaction time. Let's say in 10 years, all of your issues are solved by a cryptocurrency -- would you like the option of having a non-state issued, hard to confiscate, tamper-resistant money?

dmitriid 9y ago
> Do you have a link/source to reversed BTC transactions? "Ethereum Executes Blockchain Hard Fork to Return DAO Funds". If you tell me I'm strawmanning ETH for BTC (or whatever other bullshit three-letter acronym) I answer this: it does not matter. Something that happens in one, will happen in another. The precedent has been set, the path is clear. > At point 3, you seem to be strawmanning ETH for BTC, where it seems the user you're replying to is referring to BTC. Doesn't matter. Bitcoin is just as susceptible. And no, Lightning will not save it (for obvious reasons which are totally glossed over by the dreamy-eyed proponents). > Early tech is early tech. We all know this. Yes. We know this. Cryptocurrency proponents seem to remember this fact only after being confronted with reality. See how this conversation played out: - Day to day transactions are actually the most likely to be disrupted by crypto. The reason for this is crypto can trade with almost zero fees - No, the fees are not zero. In fact, they are prohibitively high, and unpredictable - Yes, but... but.. the transactions are non-reversible, and there's fraud protection - There is at least one precedent of a cryptocurrency being hard forked to reverse transactions. Fraud is already being handled. etc. etc. - Yes, but.. but... it's early tech! Indeed. It's early tech with very few, if any, practical uses. With exorbitant unpredictable fees, extremely slow transactions, overall inefficiency etc. etc. etc. And yet for some reason it's hailed as the saviour of everyone and everybody now even though it offers a near-zero improvement on what we already have today.
- dmitriid 9y ago
  Oh. And let's not forget http://dayssinceacryptocurrencyexchangehaslostmorethan100million.com http://dayssinceacryptocurrencyexchangehaslostmorethan100mil...
- Snow33 9y ago
  Bitcoin is the best cryptocurrency. I expect that bitcoin will beat the record this year too) Because I want to buy bitcoins. What is the best way to do this? Apparently it's buy bitcoins with paypal ( https://bitcoinbestbuy.com/how-buy-bitcoins-paypal/ https://bitcoinbestbuy.com/how-buy-bitcoins-paypal/ ). Or I'm wrong?
- buckthundaz 9y ago
  You are hallucinating here, please reread our exchange. Your conflation of ETH and BTC is disingenuous. What were your thoughts on the iPhone when it came out?

dmitriid 9y ago

> Do you have a link/source to reversed BTC transactions? "Ethereum Executes Blockchain Hard Fork to Return DAO Funds". If you tell me I'm strawmanning ETH for BTC (or whatever other bullshit three-letter acronym) I answer this: it does not matter. Something that happens in one, will happen in another. The precedent has been set, the path is clear. > At point 3, you seem to be strawmanning ETH for BTC, where it seems the user you're replying to is referring to BTC. Doesn't matter. Bitcoin is just as susceptible. And no, Lightning will not save it (for obvious reasons which are totally glossed over by the dreamy-eyed proponents). > Early tech is early tech. We all know this. Yes. We know this. Cryptocurrency proponents seem to remember this fact only after being confronted with reality. See how this conversation played out: - Day to day transactions are actually the most likely to be disrupted by crypto. The reason for this is crypto can trade with almost zero fees - No, the fees are not zero. In fact, they are prohibitively high, and unpredictable - Yes, but... but.. the transactions are non-reversible, and there's fraud protection - There is at least one precedent of a cryptocurrency being hard forked to reverse transactions. Fraud is already being handled. etc. etc. - Yes, but.. but... it's early tech! Indeed. It's early tech with very few, if any, practical uses. With exorbitant unpredictable fees, extremely slow transactions, overall inefficiency etc. etc. etc. And yet for some reason it's hailed as the saviour of everyone and everybody now even though it offers a near-zero improvement on what we already have today.

dmitriid 9y ago
Oh. And let's not forget http://dayssinceacryptocurrencyexchangehaslostmorethan100million.com http://dayssinceacryptocurrencyexchangehaslostmorethan100mil...
Snow33 9y ago
Bitcoin is the best cryptocurrency. I expect that bitcoin will beat the record this year too) Because I want to buy bitcoins. What is the best way to do this? Apparently it's buy bitcoins with paypal ( https://bitcoinbestbuy.com/how-buy-bitcoins-paypal/ https://bitcoinbestbuy.com/how-buy-bitcoins-paypal/ ). Or I'm wrong?
buckthundaz 9y ago
You are hallucinating here, please reread our exchange. Your conflation of ETH and BTC is disingenuous. What were your thoughts on the iPhone when it came out?