News for hackers. Stuff that matters.
Re:10 years of whatever this has been by keymone on Thursday November 18, 2021 @02:55AM (#29263151)
> What you are talking about in regards to documents are scams

yes, thanks, that's exactly what current financial and banking system is - a gigantic scam. all you own is bunch of documents pinky-promising that your assets are there, except they are not.

and yes, if your private key is stolen - your asset is stolen, that's how real ownership of a digital asset works.

strange is you trying to equate ownership of IOUs, that make you entirely dependent on some third party, in terms of accessing your assets, and ownership of a private key, which is the only way anybody can ever access your assets.

Re:10 years of whatever this has been by foepys on Thursday November 18, 2021 @03:22AM (#29263320)
And there it is, you are the one with an agenda.

I just wanted to have a discussion about the meta model of crypto currencies, you rather want to destroy the current bankingsystem instead.

Re:10 years of whatever this has been by keymone on Thursday November 18, 2021 @03:43AM (#29263420)
> And there it is, you are the one with an agenda

nice try. my only agenda is to clear up the confusion in your mind about cryptocurrency ownership.

> you rather want to destroy the current bankingsystem

who said anything about destruction? i know full well that i will need to suffer through the scam of fractional reserve banking until i die. bitcoin is just a partial escape hatch.

> I just wanted to have a discussion about the meta model of crypto currencies

if you did, you wouldn't begin with logical fallacies and prejudice.

notice how you don't even respond anymore about ownership aspect, yet this was your central argument - that crypto is no different from gold in that aspect.

i'll just wait for you to actually address that central point - that will indeed signify if you want to have a discussion.