News for hackers. Stuff that matters.

A comment on It Looks Like Nobel Economics Laureates Don't Like Bitcoin. Parent comment

Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by maxerickson on Thursday November 30, 2017 @11:16AM (#15816897)
Same as with a bank. Transfer some bitcoin to someone and then pursue them when they don't transfer enough back.

Charge interest to cover the risk.

[ Parent | on HN ]
Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by bluetwo on Thursday November 30, 2017 @02:46PM (#15818879)
Banks work in a legal and regulatory environment which bitcoin lacks. That's the problem, there are a lot of details that would have to be worked out to make that happen.
[ Parent | on HN ]
Re:It Looks Like Nobel Economics Laureates Don't Like Bitcoin by maxerickson on Thursday November 30, 2017 @04:03PM (#15819520)
Bitcoin operates in exactly the same legal environment as banks.

I agree that the regulatory environment is different.

[ Parent | on HN ]