Re:Do we really need to run a power station just for Bitcoin?
by dllthomas on Tuesday November 19, 2013 @12:12PM
(#6762574)
That's the entire point for (most? all?) the people involved in creating bitcoin. It's the central point for many of the people involved in bitcoin today. But there's a large number of people who just want a cheap and easy means of electronic payment.
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Re:Do we really need to run a power station just for Bitcoin?
by icebraining on Tuesday November 19, 2013 @12:15PM
(#6762599)
They have that, it's called VISA, Mastercard, etc.
Re:Do we really need to run a power station just for Bitcoin?
by dllthomas on Tuesday November 19, 2013 @12:36PM
(#6762781)
Bitcoin promises to be cheaper, and to not require blessing of payer or payee.
Re:Do we really need to run a power station just for Bitcoin?
by icebraining on Tuesday November 19, 2013 @12:44PM
(#6762872)
Yes, and one of the reasons BTC is cheaper is because it's a market, and not "a nice central-custodian system like that run by VISA, Mastercard" or any other monopolist.