News for hackers. Stuff that matters.
Re:Guns, Drugs and Money [video] by infecto on Friday February 06, 2015 @12:18PM (#9010052)
Too volatile and does not really solve the problem. You need to establish credit, be able to write checks etc. Bitcoin is not going to fix that.
Re:Guns, Drugs and Money [video] by nickik on Friday February 06, 2015 @12:23PM (#9010098)
BitShares does solve, or try to solve the volatility problem (with BitUSD) but that Blockchain is not big enougth yet, and credit is also not happening at the moment.
Re:Guns, Drugs and Money [video] by brighton36 on Friday February 06, 2015 @12:45PM (#9010302)
Bitshares does not solve the volatility problem: http://prestonbyrne.com/2014/08/17/dont-walk-away-run/
Re:Guns, Drugs and Money [video] by nickik on Saturday February 07, 2015 @12:07PM (#9014555)
I dont really think the arguments in that blogpost are very good. BitUSD will give you a lot of stability compared to any other blockchain.