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I didn't skirt around it. Your argument was hand wavy and essentially saying "they must be in control because why else would they do it?" My counter-point is th

I didn't skirt around it. Your argument was hand wavy and essentially saying "they must be in control because why else would they do it?" My counter-point is the reason is very clear, and very upfront in their materials. > Most ewallets are designed to solve the fact that there is no banking infrastructure in developing countries. Um...no? Most ewallets are designed by extreme Libertarians that believe that we would be better off without government regulation, or that government collapse and somehow them having Bitcoin will make them safe.

thisisit 7y ago
So, you consider a concrete example where Ethereum, a coin which was touted as a decentralizated and later exhibited centralization by trying to stop the Ethereum hack by changing the code as "hand wavy"? So let me ask you directly without any hand waving - how will Facebook or anyone handle a big Libra hack without trying to centralize the power? > Most ewallets are designed by extreme Libertarians that believe that we would be better off without government regulation, or that government collapse and somehow them having Bitcoin will make them safe. What are you talking about? I have given examples of ewallets like Paytm and Wechat Pay which work without bank accounts and you start talking about Bitcoin. sigh I give up.