Tell HN: Coinbase now requires physical address of recipient in crypto transfers

Re:Tell HN: Coinbase now requires physical address of recipi... by ALittleLight on Friday June 24, 2022 @09:50AM (#31861782)

I'm not dismissing crypto as a toy. Most cryptos are Ponzi Schemes. BTC and ETH I'm dismissing as not practical.

[ Parent | on HN ]

Re:Tell HN: Coinbase now requires physical address of recipi... by gfodor on Friday June 24, 2022 @10:15AM (#31862196)

The part where you moved BTC and ETH from the 'ponzi' slot to the 'not practical' slot will continue for other elements. BTC will slide into the next slot soon probably, going from 'not practical' to 'practical for a very narrow set of things that aren't the set of things people originally expected.' So it goes.

[ Parent | on HN ]

Re:Tell HN: Coinbase now requires physical address of recipi... by rglullis on Friday June 24, 2022 @09:52AM (#31861823)

For the purposes of an application, calling it "not practical" is the same as calling it a "toy".

[ Parent | on HN ]

Re:Tell HN: Coinbase now requires physical address of recipi... by burnished on Friday June 24, 2022 @01:26PM (#31866134)

Eeeeh? I think not. A toy implies that is has no, or cannot have, practical uses and is a property of the object or idea. Not practical is an engineering problem, it is contingent on external factors. A fidget spinner is a toy, a space elevator is not practical.

They are both ways to dismiss an idea though.

[ Parent | on HN ]