News for hackers. Stuff that matters.

A comment on “They’ll Just Make It Illegal”. Parent comment

Re:“They’ll Just Make It Illegal” by wslack on Saturday June 23, 2018 @09:46AM (#17381242)
Cash is also harder to collect and manage. It has a scaling problem that cryptocurrencies do not.
[ Parent | on HN ]
Re:“They’ll Just Make It Illegal” by dingo_bat on Saturday June 23, 2018 @10:02AM (#17381304)
Also cash is issued by the government at will. And nobody else can create cash. It's diametrically opposite to bitcoin's decentralized approach.
[ Parent | on HN ]
Re:“They’ll Just Make It Illegal” by lagadu on Saturday June 23, 2018 @12:18PM (#17381923)
I hope I don't come off as too glib but:

"Also bitcoin is issued by the consensus algorithm at will. And nobody else can create bitcoin."

[ Parent | on HN ]
Re:“They’ll Just Make It Illegal” by andrewflnr on Saturday June 23, 2018 @01:36PM (#17382334)
The superficial syntactic similarity of those statements is all they have in common. The mechanisms are, as one might expect, almost completely opposite.
[ Parent | on HN ]
Re:“They’ll Just Make It Illegal” by pintxo on Sunday June 24, 2018 @06:07AM (#17385864)
Oh, everyon can create their own cash. The problem is not printing some form of currency. The problem is getting other people to believe in the value of your money.
[ Parent | on HN ]