Re:Bitcoin is not a Battery – it is a Sink
by colechristensen on Sunday March 28, 2021 @01:43PM
(#26612372)
I'm not making the claim that bitcoin replaces an accounting firm?
>I don't see any possible way in which bitcoin is making this easier.
Who says it has to be easier or better? It does the work of handling transactions and keeping track of balances.
With bitcoin as a user you only have to pay a very tiny transaction fee in order to keep track of your account value and handle the transfer from one account to another. Is this better? Well you don't have to pay somebody to operate software and as long as you can access the bitcoin network there aren't any impediments to doing transactions.
But the point isn't if bitcoin is better or best or even good, just that is does the thing and doing that thing has value.
>I don't see any possible way in which bitcoin is making this easier.
Who says it has to be easier or better? It does the work of handling transactions and keeping track of balances.
With bitcoin as a user you only have to pay a very tiny transaction fee in order to keep track of your account value and handle the transfer from one account to another. Is this better? Well you don't have to pay somebody to operate software and as long as you can access the bitcoin network there aren't any impediments to doing transactions.
But the point isn't if bitcoin is better or best or even good, just that is does the thing and doing that thing has value.