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A comment on China Bans Financial Companies From Bitcoin Transactions. Parent comment

Re:China Bans Financial Companies From Bitcoin Transactions by dcc1 on Thursday December 05, 2013 @07:08AM (#6853977)
Bitcoin has an intrinsic value

A distributed ledger with proof of ownership that makes it impossible to forge transactions

That my friends is a first in history, Greenspan and others have not realised yet the implications of this.

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Re:China Bans Financial Companies From Bitcoin Transactions by jackgavigan on Thursday December 05, 2013 @09:26AM (#6854483)
> A distributed ledger with proof of ownership that makes it impossible to forge transactions

All that means is that I can prove beyond any doubt that I own something that's worth nothing... :-)

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Re:China Bans Financial Companies From Bitcoin Transactions by wyager on Thursday December 05, 2013 @09:40AM (#6854549)
Only if you don't think USD, JPY, GBP, and all the products and services you can buy with BTC are worth anything either.
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