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re: Bitcoins were hacked yesterday?

Posted on 4/4/13 at 1:23 pm to
Posted by joshnorris14
Florida
Member since Jan 2009
45658 posts
Posted on 4/4/13 at 1:23 pm to
quote:

All the joys y'all claimed bitcoins avoided


Do you enjoy creating strawmans this much?

Right, you can be heavily taxed and regulated using bitcoin if you choose to use it that way. If you choose to do it pseudonymously you can work around that.

It gives you the option to be pseudonymous, it doesn't do it for you though.

Plus, those were never among the reasons I've liked bitcoin, you can check my post history if you'd like.
Posted by GFunk
Denham Springs
Member since Feb 2011
14968 posts
Posted on 4/4/13 at 2:31 pm to
So wait...this is what I've gathered from these threads:

1.) Regular currency is always beholden to sovereign governmental manipulation.
2.) Cryptocurrency is not beholden to this manipulation.
3.) Bitcoins-as a Cryptocurrency-value is entirely derived off of demand from a market free of political influence.
4.) Bitcoins value as a Cryptocurrency is entirely influenced by what are described as "simple" DDOS hacks on websites that deal in Bitcoins.
5.) In order to be able to faciliate the "speedy" positive aspect of Bitcoin usage, one of these website establishments must be used.
6.) If one of these websites isn't used, you must use long strings of printed paper or some sort've flash-drive dongle to keep your bitcoin info safe and secure. Which essentially nullifies the advantages of the currency on almost every level.
This post was edited on 4/4/13 at 2:33 pm
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