News for hackers. Stuff that matters.

A comment on Coinbase warns that bankruptcy could wipe out user funds. Parent comment

Re:Coinbase warns that bankruptcy could wipe out user funds by OOPMan on Wednesday May 11, 2022 @03:12PM (#31344425)
And yet if a hundred million people tried to use it the way you do, the whole system would implode.

A monetary system that only works if a small number of people use it is...not useful.

[ Parent | on HN ]
Re:Coinbase warns that bankruptcy could wipe out user funds by jobs_throwaway on Wednesday May 11, 2022 @11:54PM (#31349084)
having permissionless money is quite useful IMO. I'm not concerned with it being a mass phenomenon
[ Parent | on HN ]