News for hackers. Stuff that matters.
Re:Bitcoin's Biggest Problem: It's a Den of Thieves by stephengillie on Thursday October 04, 2012 @09:50AM (#4612260)
Trade credit (I'll buy these hammers today, bill me next week) is somewhat different from credit cards. Credit cards are a financial tool to provide easy access to temporary funds, and are usually backed by banks, which have only existed for ~500 years. Trade credit is part of the give-and-take of relationships in that we recognize resource ticks aren't always synchronized.

There are no comments on this comment yet.