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re: Bitcoin improvement thread
Posted on 4/4/13 at 9:51 am to WikiTiger
Posted on 4/4/13 at 9:51 am to WikiTiger
quote:So you mean they could come up with a system/process just like the one credit and debit card companies use now?
For instance, perhaps a company could come about that processes POS transactions for retail customers. They would ensure that all transactions are instant and legit, and then settle up later.
What will that do to your frequent claim of "free or very low cost of transactions"?
1
Posted on 4/4/13 at 10:03 am to LSURussian
quote:
What will that do to your frequent claim of "free or very low cost of transactions"?
I imagine it goes to shite quickly. Unless of course, these people are willing to work for free.
Now correct me if I'm wrong but wasn't one of Wiki's selling points that you could store them easily in wallets? Now he's saying that you shouldn't? And I'm still very unclear on his stance with inflationary vs deflationary. I almost remember him flip flopping that but I could be totally wrong here.
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