Founders Fund Makes Bet on Bitcoin

Re:Founders Fund Makes Bet on Bitcoin by konschubert on Tuesday January 02, 2018 @02:20PM (#16054569)

So what.

I love decentralized crypto stuff. But let's be real, most people don't care how their payments are processed.

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Re:Founders Fund Makes Bet on Bitcoin by pera on Tuesday January 02, 2018 @02:26PM (#16054631)

I think those people are OK with Visa, MasterCard and PayPal.

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Re:Founders Fund Makes Bet on Bitcoin by konschubert on Tuesday January 02, 2018 @02:28PM (#16054659)

Yes, and this is exactly the market to go for if you wanna go beyond the speculators and crypto nerds (like me).

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Re:Founders Fund Makes Bet on Bitcoin by Casseres on Tuesday January 02, 2018 @02:59PM (#16055014)

So then why do those people need a cryptocurrency?

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Re:Founders Fund Makes Bet on Bitcoin by martinko on Tuesday January 02, 2018 @03:19PM (#16055199)

They dont, thats the point.

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Re:Founders Fund Makes Bet on Bitcoin by Anderkent on Tuesday January 02, 2018 @02:27PM (#16054649)

Sure; but at that point why tie your payment processing protocol to a premined external company, instead of going with something like R3's Corda?

If XRP is actually valuable, the risk of compromise of its huge wallet should be really scary for anyone.

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