Re:Bitcoin, Ethereum, Blockchain, Tokens, ICOs: Why Should A...
by Nursie on Thursday July 06, 2017 @12:19PM
(#14711487)
Indeed I am.
In the case of a consumer spending money, a method of electronic spending that's not unilaterally reversible is most definitely a bug. For a lot of honest vendors that's also true - they want a situation in which people don't feel constrained from spending because of the high level of risk involved.
Reconciliation between finance houses? Not so much, sure.
You are thinking about it purely from a consumer standpoint, where credit cards are built on top of another currency.