Re:Regarding the NiceHash security breach
by victor106 on Wednesday December 06, 2017 @11:21PM
(#15867601)
“I can send my USD only if my bank permits me to do so and depending on their schedule.”
I can login to my online Bank of America account now and transfer money to most anyone I know in about 100 countries. I can do the same from my bank account in A foreign bank account.
Freedom = I don’t want the government to know. I don’t have anything to hide and I am perfectly fine with the government seeing to whom I send/receive my money.
But bitcoin’s utility of it being a mechanism for transactions is over. It has become a mechanism to hoard wealth. The same way Tulips were used to hold wealth. The bulb will burst and it will lose that mechanism as well.
That said I think crypto currencies are the future...I just don’t think it’s bitcoin...
I can login to my online Bank of America account now and transfer money to most anyone I know in about 100 countries. I can do the same from my bank account in A foreign bank account.
Freedom = I don’t want the government to know. I don’t have anything to hide and I am perfectly fine with the government seeing to whom I send/receive my money.
But bitcoin’s utility of it being a mechanism for transactions is over. It has become a mechanism to hoard wealth. The same way Tulips were used to hold wealth. The bulb will burst and it will lose that mechanism as well.
That said I think crypto currencies are the future...I just don’t think it’s bitcoin...