DrTarantism

3 ms·

1.
by DrTarantism 12y ago
I think that the Government is manipulating the people and that these new laws will certainly be abused. I think that it is up to the entrepreneurial community to come up with solutions to help mitigate the situation. This can be achieved o
2.
by DrTarantism 12y ago
I didn't say that banks cared about frustration. I said that banks would lose customers
3.
by DrTarantism 12y ago
It's a complicated issue. Banks are partly afraid of adopting something new. If Bank A is amongst the first American banks to switch and something goes wrong, Bank B may win its business due to customer frustration
4.
by DrTarantism 12y ago
It's all politics. Its a big financial commitment for whichever side goes first. The US has a bigger population than Britain. And perhaps the industry politics were different there too. The card companies may have got their way.
5.
by DrTarantism 12y ago
Its not a blase attitude. Its a chicken and egg situation. The credit card companies want to implement it but they need the stores to upgrade their point of sale hardware to accept the new cards. Stores say they won't upgrade their har
6.
by DrTarantism 12y ago
I might be interested in being a part of an alternative to bitcoin. Seems like an interesting project, but a difficult one too.
7.
by DrTarantism 12y ago
I never said that all claims were paid or that all banks were equal. I simply said that Bitcoin is not the great solution people think it is. Its much worse than what you are describing. How many people who lost bitcoin funds were able to t
8.
by DrTarantism 12y ago
I live in Australia so we do have greater protections and safer banks than in America. But regardless, those tax payer bail outs are still part of the banking system. The banking system is more than the actual banks themselves, it includes
9.
by DrTarantism 12y ago
Banks may be greedy but in exchange for their greed they protect my money. As an analogy, Governments may be lacking in integrity, but they offer protection such as police, laws, and human rights. Putting your faith in Bitcoin is like tryin