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Its funny that people referred to bitcoin as a ponzy scheme Now we know that the protocol itself is actually quite good (despite mtgox trying to blame it) And
by abc123xyz 13y ago
Its funny that people referred to bitcoin as a ponzy scheme
Now we know that the protocol itself is actually quite good (despite mtgox trying to blame it)
And the problem lies at the interface between bitcoin and the traditional payment systems (exchanges)
Its a pitty that Satoshi never solved the problem of distributed TRUSTLESS exchange, tho I suppose that is a problem that didnt exist until bitcoin became popular.