3 ms·

I'm not dismissing that either. I love Bitcoin, and I believe in its abilities. That's why it's really annoying when those with certain philosophies try to ascr

I'm not dismissing that either. I love Bitcoin, and I believe in its abilities. That's why it's really annoying when those with certain philosophies try to ascribe them to Bitcoin. BTC can work without trusted 3rd parties, and transactions can be performed in a completely anonymous way. Not every transaction requires or even benefits from these qualities, however. For Joe User's grandma to use BTC, there are going to need to be trusted 3rd parties (e.g. banks) to manage the minutia of transacting. These 3rd parties will make things simple for grandma, and ensure that she doesn't get screwed.

chris123 14y ago
Your anonymity is compromised if/when you use "trusted 3rd parties (e.g. banks)." In order to not get shut down by governments, they must comply with applicable laws, which include identifying your identity in some way. (At least as far as I know).
aGHz 14y ago
Ah, my bad. You were calling something a fiction and I assumed it was the "you can use bitcoins to accomplish this [in the context, performing transactions while remaining an anonymous pair of encryption keys, which you can't right now]", when you probably were referring to the "you don't even need banks" part.