Bitcoin Is Having a Civil War as It Enters a Critical Month

Re:Bitcoin Is Having a Civil War as It Enters a Critical Month by xutopia on Monday July 17, 2017 @02:14PM (#14790988)

To me this whole process shows how great cryptocurrencies really are. The process is live, it is public and it is messy.

Compare with how our usual currencies are handled. Behind closed doors with powerful banks or private companies deciding for our governments.

[ Parent | on HN ]

Re:Bitcoin Is Having a Civil War as It Enters a Critical Month by campbelltown on Monday July 17, 2017 @02:21PM (#14791049)

Exactly! Could you imagine if we could watch a live twitter fueled debate about how to upgrade our central banking system? It's a beautiful sight. Flawed, but beautiful.

[ Parent | on HN ]

Re:Bitcoin Is Having a Civil War as It Enters a Critical Month by kbaker on Monday July 17, 2017 @02:47PM (#14791276)

With an up-to-the-second, 24-hour market behind it where fortunes can be made or lost on single tweets. Fun!

[ Parent | on HN ]

Re:Bitcoin Is Having a Civil War as It Enters a Critical Month by aianus on Tuesday July 18, 2017 @12:27AM (#14794258)

Fiat isn't much different. Forex is 24h a day and jumps around on central banker quotes all the time.

[ Parent | on HN ]

Re:Bitcoin Is Having a Civil War as It Enters a Critical Month by s73ver on Monday July 17, 2017 @05:34PM (#14792446)

At the same time, I'm glad this doesn't happen with the federal reserve, because I enjoy stable value in my day to day currency.

[ Parent | on HN ]