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Author Topic: IS BITCOIN A FAC ?  (Read 1818 times)
Ron~Popeil
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November 19, 2014, 09:54:23 PM
 #21

If you can turn on a computer or cell phone and type numbers you can use bit coin. Use is really simple and you don't need to understand the underlying system to use it. To apply a standard like that is either intellectually dishonest or ignorant. 

Transactions can optionally carry transaction fees. Whoever mines the block which ends up containing your transaction will get the fee. The Bitcoin client will sometimes force you to pay a fee when it thinks that no miner will accept your transaction otherwise.
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johnyj
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Beyond Imagination


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November 20, 2014, 02:07:57 AM
 #22


Flashman
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Hodl!


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November 20, 2014, 02:47:27 AM
 #23

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bitcoin remains too complex for the average person to understand, let alone use; the global banking system is indeed broken but that doesn’t mean bitcoin is the solution; bitcoin is not — and never will be — relevant for “normal” people.

Modern money is far too complex the "average person" to understand, that's how they get away with it.

Fixed it for you Cheesy

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Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
cbeast
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Let's talk governance, lipstick, and pigs.


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November 20, 2014, 04:03:28 AM
 #24


One BTC for one basket of groceries? That is some expensive junk food.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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