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In what way is the article biased? Why do you think that patio11 is part of the "incumbent financial system"? Do you refute any of the evidence?
by arkitaip 7y ago
In what way is the article biased? Why do you think that patio11 is part of the "incumbent financial system"? Do you refute any of the evidence?
- colinhb 7y agoI suspect it's because patio11 is employed by a payment processor, Stripe. Stripe's business is taking a percentage of payments / transfers. One of Bitcoin's usecases is making payments / transfers with lower interchange / wire fees than existing financial system. The argument is the same as saying that someone employed by gun manufactures is biased when writing about proposed gun laws. (I don't have a view on whether patio11's employment has influenced his thinking. I just wanted to suggest what the grandparent's thesis may have been.)
- cycrutchfield 7y agoYeah, how dare Stripe skim money off of transactions! That’s Bitfinex’s job!