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Bitcoin is generally misunderstood by the HN crowd, but this is precisely one of the problem it solves. If this guy had collected donations in bitcoins, nobody
by mrb 15y ago
Bitcoin is generally misunderstood by the HN crowd, but this is precisely one of the problem it solves. If this guy had collected donations in bitcoins, nobody would have the technical ability to shut down his "Bitcoin account" because it "suspiciously received too much too quickly".
Don't downvote me. This is a true design principle about Bitcoin.
- jvm 15y agoI'm so glad you point this out since I think this is the only validly useful feature of Bitcoin. BC has its own problems but it's pretty awesome that transaction costs are nil.