Re:Ghash.io very close to 51% of bitcoin pool
by dwild on Thursday January 09, 2014 @02:43PM
(#7032670)
You are wrong, I totally trust the government, I'm one of the few that still trust the NSA (and I'm not even a US citizen).
It's not a question of trust, it's a question of choice. With a simple and universal way to transfer money, we no longer have to care about the currency we use, if we can easily do an international transfer with our bank, if our Paypal account is still fine, etc...
The only politic is how governments will be able to tax Bitcoin transaction and I believe it's a big issue but I believe we will be able to fix that when it will become a problem.
I don't really understands what's wrong with:
"It's like saying, I don't want to put people in charge because I don't trust them, and I don't want even to talk to others in order to resolve disagreement; instead, I choose to take all decision-making agency out the hands of humans and place it in the hands of an algorithm that can provably never be swayed, because that is the only thing I can trust."
Re:Ghash.io very close to 51% of bitcoin pool
by pron on Thursday January 09, 2014 @05:43PM
(#7033808)
There's absolutely nothing wrong with that, but it certainly says a lot about our society, or at least about how some people view it or think it should govern itself. I find it interesting.
It's not a question of trust, it's a question of choice. With a simple and universal way to transfer money, we no longer have to care about the currency we use, if we can easily do an international transfer with our bank, if our Paypal account is still fine, etc...
The only politic is how governments will be able to tax Bitcoin transaction and I believe it's a big issue but I believe we will be able to fix that when it will become a problem.
I don't really understands what's wrong with: "It's like saying, I don't want to put people in charge because I don't trust them, and I don't want even to talk to others in order to resolve disagreement; instead, I choose to take all decision-making agency out the hands of humans and place it in the hands of an algorithm that can provably never be swayed, because that is the only thing I can trust."