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re: Here's why Bitcoin is the future of money

Posted on 5/1/13 at 9:22 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 5/1/13 at 9:22 am to
quote:

Yet, the free market has produced a system that has run reliably for almost 5 years now, is secure, and gives people what they want.
Secure? Really? I'm not going to rehash all of the security lapses and issues I've already pointed out. I'm just going to call bullshite.

quote:

Have you seen the abyssal failure that is Canada's MintChip digital currency so far? That's a highly functioning western government and they can't even get their shite together enough to produce a secure system that people want to use.
Is Bitcoin the first attempt at a digital currency by the free market? What happened to those earlier attempts? Adopting a new currency is not a trivial exercise. I am not familiar with Canada's attempt, so I can't comment as to why they had problems. Maybe they just tried before the technology was advanced enough.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 5/1/13 at 9:24 am to
Or maybe the have now figured out the masses don't care about cryto-currency.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 5/1/13 at 9:25 am to
quote:

Secure? Really? I'm not going to rehash all of the security lapses and issues I've already pointed out.


Please link me to the "security lapses and issues" involving bitcoin.

I swear to a deity, if you link to an example of an exchange being hacked or to an individual getting their wallet hacked or something else like that, I'm going to flip my lid because it will become clear that y'all truly have no desire to understand the technology and discuss it honestly.
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