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A comment on Coinbase (YC S12), First Crowd Funded Bitcoin Company, Raises Over $600K. Parent comment

Re:Coinbase (YC S12), First Crowd Funded Bitcoin Company, Ra... by rmc on Thursday September 27, 2012 @06:00AM (#4580043)
The human operator checks the english description for sanity

There's a flaw in your system right there.

Lots of industrial accidents and accidents with computers have been from stupid operators (rather than buggy code per se).

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Re:Coinbase (YC S12), First Crowd Funded Bitcoin Company, Ra... by jlgreco on Thursday September 27, 2012 @12:17PM (#4581367)
Of course. But is it worse the flaws with than any business that handles cash? The idea is to use bitcoin's 'offline' functionality to bring it up to about the same security of regular cash.
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