jungans

3 ms·

1. 1.▲
   by jungans 6y ago

   You're not missing a thing. Bitcoin is sound in theory. In practice, though, humans are very flawed and they tend to submit to authority more than is healthy. In the case of Bitcoin in particular, the Core implementation has been decla
2. 2.▲
   by jungans 6y ago

   I'll just leave this here https://www.youtube.com/watch?v=1ISE6R_-b3A
3. 3.▲
   by jungans 6y ago

   Privacy is a continuum. CoinJoin offers a trade-off between privacy and convenience. It is good enough for some cases.
4. 4.▲
   by jungans 8y ago

   Of course not. Is the owner of a monopolistic company a bad person? No. Is it good for society to allow a company to become a monopoly? No.
5. 5.▲
   by jungans 9y ago

   Exactly. The minute a cryptocurrency is backed by something, trust in a third party is reintroduced which defeats the whole purpose.
6. 6.▲
   by jungans 9y ago

   FYI Bitcoin marketcap as of today is 120B USD but your point still holds.
7. 7.▲
   by jungans 10y ago

   wouldn't this make all things comparable?
8. 8.▲
   by jungans 15y ago

   Please please please add something like MS Project...
9. 9.▲
   by jungans 17y ago

   Except selling auxilliary stuff to the prospectors is also a gold rush...