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> Yes, it begins as an anonymous That's the thing though right, it's actually never anonymous? There is a good chance I'm misunderstanding this, but Bitcoin
by SCdF 13y ago
> Yes, it begins as an anonymous
That's the thing though right, it's actually never anonymous?
There is a good chance I'm misunderstanding this, but Bitcoin at the very least is pseudononymous, and all that really means is that it's not tied to your legal name-- it's not anominity. What's worse is that (again, maybe I'm misunderstanding) every transaction you make is essentially public knowledge, by virtue of this knowledge having to exist somewhere, and Bitcoin being intentionally designed without a central secret holder.
That makes Bitcoin to me a secondary currency: a tool to make once-off transactions that are obscured e.g, you want to support Wikileaks but all the banks aren't letting you, use some tool to NZD->BitC (presumably into a new wallet so as to be untrackable) and then give those BitC to Wikileaks.
Which is why I'm confused when people ask regular services whether or not they'll support Bitcoin. Why would anyone buy the Humble Bundle using Bitcoins? What possible advantage does that give them?
Like parent I'm a skeptical fan, mostly because I think it's technically cool, and almost certainly useful in less stable regions of the world (in the same way Twitter was arguably very helpful), but I still can't see why I would ever want to use it (except in the once-off style example above).