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re: Here's why Bitcoin is the future of money
Posted on 5/1/13 at 9:43 am to WikiTiger
Posted on 5/1/13 at 9:43 am to WikiTiger
quote:
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.
And what you seem to misunderstand is that nobody GAF about the technology per se, they care about the usefulness of the medium. Failures of exchanges or individual hacks are failures of bitcoin, and your repeated refusal to admit that fact makes you by far the most dishonest person in the bitcoin debate, precisely because you are so invested (figuratively, but also I suspect literally) in it.
It's like if I had a computer with the best specs in the world, but the only OS it ran crashed every 30 seconds. I would say that computer sucked. You would "flip your lid" and go on about my failure to honestly admit what a great piece of technology it was. Just look at the specs!
1
Posted on 5/1/13 at 9:50 am to Cold Cous Cous
quote:
And what you seem to misunderstand is that nobody GAF about the technology per se
That's not true. Many people do GAF greatly about the underlying technology because that is what is most important.
A secure and stable protocol, which bitcoin is, is needed for others to develop on top of that.
quote:
they care about the usefulness of the medium
And as I've stated all along, bitcoin is in its infancy. Why can't y'all grasp that? I have said many times that it is not ready for prime time.
HOWEVER, due to it being a secure and stable protocol, layers and layers will be built on top of it that will eventually fix the issues you are talking about.
It's not about being dishonest....it's about understanding the growth and production of technology.
The internet in 1993 sucked. There wasn't much on it. It was expensive to get on. And you needed strong technical skills just to get on.
Now it's much different, because although the internet sucked in 1993, the underlying protocols, like TCP, UDP, IP, etc. were all very good and allowed others to build on top of them.
This stuff takes time. Be patient. We are in the process of moving past amateur hour in the bitcoin community to the VC phase. The next few years will likely have you changing your mind on bitcoin.
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