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re: Bitcoin improvement thread
Posted on 4/4/13 at 8:30 am to gizmoflak
Posted on 4/4/13 at 8:30 am to gizmoflak
quote:
And by "exchange" I mean "used for purchasing goods & services, paying debts, etc." (which is the point of currency), and not simply exchanging existing currency in and out of bitcoins.
I think that ironically, it's the technology that will keep it from being used widely as a medium of exchange. People aren't going to trust what they don't understand, or worse, if the only thing they hear about is attacks on the network, which have to be coming soon.
This post was edited on 4/4/13 at 8:31 am
Posted on 4/4/13 at 8:50 am to ZereauxSum
quote:
if the only thing they hear about is attacks on the network, which have to be coming soon.
ZS, I don't know if you saw this post by joshnorris on the Poli Board. LINK
It is a long letter from MtGox (the self proclaimed largest BC exchange web site) explaining why their services have been interrupted several times recently. I especially like this line in their letter: "What can be done? Believe it or not, there is pretty much nothing that can be done."
Now THAT builds confidence!
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