Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
by mkirklions on Wednesday May 09, 2018 @10:47AM
(#17030225)
> when we discard all the decentralization and anti-censorship guarantees, skip the blockchain and use it as a private-issued, unregulated fiat.
That is an option.
I dont care about 'trust' when I spend 2 dollars at taco bell on my shift card. I dont care about 'trust' when I give my friend 200 dollars with coinbase email.
5 bitcoin? Yeah I'll take that out of coinbase.
But this is a payment platform IMO. I use paypal and venmo too. They dont charge fees and I dont really care about decentralization magic.
That is an option.
I dont care about 'trust' when I spend 2 dollars at taco bell on my shift card. I dont care about 'trust' when I give my friend 200 dollars with coinbase email.
5 bitcoin? Yeah I'll take that out of coinbase.
But this is a payment platform IMO. I use paypal and venmo too. They dont charge fees and I dont really care about decentralization magic.