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How is that relevant here?
by socialist_coder 13y ago
How is that relevant here?
- gabriel34 13y agoIt's relevant because the article opens up comparing BC and CC. If there were a credit card denominated in BC, the credit provider would probably hold the BC for a while just like they do with money, therefore grating it's users the same warranties. A better, tough far from perfect, comparison would be to sending money through mail to later receive the goods, or a debit card sans the paper trail. The article starts from a fallacy, but that doesn't mean it's point is null.
- socialist_coder 13y agoUnderstood, thanks for the now-obvious explanation =)
- DrStalker 13y agoCredit cards are a service that exists on top of traditional currency, so comparing the features of bitcoin to the features or a credit card is in some ways an unfair comparison; in other more pragmatic ways it reflects the way bitcoins and and traditional currency are used for online purchases today.