Ethereum: A number of hard forks turn out to be scams

Re:Ethereum: A number of hard forks turn out to be scams by mgavaudan on Thursday January 10, 2019 @05:28PM (#18878966)

Once you send a scammer hundreds of dollars, how do you get them back? You don't. You're pointing out a problem that exists with the current monetary system.

One use case of bitcoin, that is very similar to emails actually is being able to transfer value 24/7 rather than 9-5 on weekdays.

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Re:Ethereum: A number of hard forks turn out to be scams by umanwizard on Thursday January 10, 2019 @05:34PM (#18879022)

> Once you send a scammer hundreds of dollars, how do you get them back? You don't.

One of the main points of bitcoin is that it makes transactions irreversible. In the current financial system, many transactions can be reversed, which is a feature, not a bug.

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Re:Ethereum: A number of hard forks turn out to be scams by DoctorOetker on Thursday January 10, 2019 @06:41PM (#18879629)

Similarily email is irreversible. Sure some providers will stall your email so you have a period of time to cancel/edit the email...

Nothing prevents a crypto client from similarily stalling a payment until you are sure you want to pay...

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Re:Ethereum: A number of hard forks turn out to be scams by UncleEntity on Thursday January 10, 2019 @09:15PM (#18880484)

> Nothing prevents a crypto client from similarily stalling a payment until you are sure you want to pay...

...and then all you need is fraud protection, monthly billing and airline miles and you've invented the credit card.

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Re:Ethereum: A number of hard forks turn out to be scams by solean on Thursday January 10, 2019 @06:09PM (#18879372)

Only 1 side of a reversed transaction thinks it's a feature

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