Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by nunja on Friday September 27, 2019 @01:35PM
(#21094284)
It would be amazing if someone could come with a useful technology that solves this particular set of problems. Something like a public distributed ledger where all transactions are validated by a majority of actors in a trustless system ... oh wait.
[ Parent
| on HN ]
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by pavel_lishin on Friday September 27, 2019 @02:00PM
(#21094516)
Gosh, if only that system didn't have its own huge set of drawbacks.
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by xeromal on Friday September 27, 2019 @01:40PM
(#21094338)
If the world used that system, we'd run out of electricity
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by madrix999 on Friday September 27, 2019 @02:17PM
(#21094695)
And probably ruin the planet in under 10 years if everyone got on the mining craze
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by xeromal on Friday September 27, 2019 @02:22PM
(#21094761)
Yeah, I can't even imagine. haha.
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by sp332 on Friday September 27, 2019 @04:16PM
(#21095860)
You don't have to mine Bitcoin to send and receive Bitcoin.
Re:MyPayrollHR CEO Arrested, Admits to $70M Fraud
by spookthesunset on Friday September 27, 2019 @05:59PM
(#21096647)
> wait
I'll wait! 'Cause if it got even remotely adopted and mainstream, I'll be waiting... for years or decades.... before I can ever hope to make a single transaction.
Yup. Nothing like Satoshi's Glorious Blockchain and its blazing fast 4 transaction per second reference implementation that is Bitcoin.