News for hackers. Stuff that matters.

A comment on The Bitcoin bubble – Greater fool theory. Parent comment

Re:The Bitcoin bubble – Greater fool theory by krupan on Thursday November 09, 2017 @10:26AM (#15663150)
Citation? And remember a Bitcoin transaction is cash moving from my account to yours. Not just a promise of cash, after a few days of settlement, if no chargeback happens
[ Parent | on HN ]
Re:The Bitcoin bubble – Greater fool theory by BLanen on Thursday November 09, 2017 @11:35AM (#15663762)
You really think that a wire transfer takes a week's household of energy(Because that's the current energy per btc transaction)...?
[ Parent | on HN ]
Re:The Bitcoin bubble – Greater fool theory by krupan on Thursday November 09, 2017 @01:37PM (#15664686)
What really goes into a wire transfer in order make it happen securely? And is it as secure as a Bitcoin transfer? See also: Xiphias' comment about Proof of Military Power.
[ Parent | on HN ]
Re:The Bitcoin bubble – Greater fool theory by NTDF9 on Thursday November 09, 2017 @03:23PM (#15665583)
Right...so you want a world where there is no collective security. But hey, at least we all have bitcoins in our wallets?
[ Parent | on HN ]