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A comment on U.K. Abandons, for Now, Legislation That Would Have Banned End-to-End Encryption. Parent comment

Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by worik on Thursday September 07, 2023 @01:19AM (#37415018)
Just because "they" say it's bad, does not make it good

Bitcoin is bad.

Even a broken clock is right twice a day....

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Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by onion2k on Thursday September 07, 2023 @02:31AM (#37415433)
Even a broken clock is right twice a day...

That would depend on how it's broken.

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Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by worik on Thursday September 07, 2023 @04:13AM (#37416073)
...hmmm

A broken clock can be right twice a day

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Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by staplers on Thursday September 07, 2023 @02:34AM (#37415455)
Feel free to reply what makes bitcoin bad in a way any different from other high tech.
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Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by worik on Thursday September 07, 2023 @04:13AM (#37416070)
It is too volatile to be a useful store of value

Transaction costs are too high to be useful medium of exchange

The waste it generates, as its central operation to have artificial scarcity is definitely bad.

Bitcoin is very bad

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Re:U.K. Abandons, for Now, Legislation That Would Have Banne... by thefurdrake on Thursday September 07, 2023 @09:05AM (#37418324)
Outcome.
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