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A comment on BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash. Parent comment

Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by Frogolocalypse on Friday December 15, 2017 @05:47PM (#15935903)
Yep. If you want to get your transactions tracked by the chinese government, it is cheap. Like PayPal. If you want your transactions to be private, you use a decentralized blockchain like bitcoin.
[ Parent | on HN ]
Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by lawn on Friday December 15, 2017 @05:56PM (#15935954)
I'm sorry but your continued comments in this thread are just play wrong.

> If you want to get your transactions tracked by the chinese government

That's such a stupid thing to say as with an open ledger everyone can track your transactions.

> If you want your transactions to be private, you use a decentralized blockchain like bitcoin.

You don't even know what a private transaction is. Bitcoin has an open ledger and all transactions are exactly as traceable.

[ Parent | on HN ]
Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by Frogolocalypse on Friday December 15, 2017 @06:04PM (#15936015)
If you don't run your own node, which is the aim of bcash, your ip address is tied to your payment. You have the payment processor, and the node, and the miner, all sharing the same information.

The chinese government appreciates your compliance with its crypto implementation.

[ Parent | on HN ]