Re:Coinbase Wants to Be Too Big to Fail
by Karunamon on Saturday September 29, 2018 @11:28AM
(#18100896)
Cash doesn't work beyond a range of a few inches? Carrying bitcoin isn't likely to get me stopped by law enforcement? The nature of bitcoin makes seizing it very difficult (given more than one person with the same wallet?)
Well, what's wrong with cash?
- Uncensorability
Well, what's wrong with cash?
- Irreversibility
Well, what's wrong with cash?
Except for the fact that cash is issued by the "evil" government your points provide zero reasons why I should prefer crypto "currencies" over cash.
And that's a purely ideological stance.