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Author Topic: Why (IMO) Bitcoin will never work. Debunk me please.  (Read 2056 times)
Beliathon
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February 03, 2015, 09:39:00 PM
 #21

So, guys...  can bitcoin be allowed to continue or should we cut our losses?
What a silly question. Unlike fiat, Bitcoin isn't backed by nuclear warheads that could wipe out life on planet Earth thirty six times over.

A sane question would be, "can nation states be allowed to continue or should we cut our losses?"

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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February 03, 2015, 09:40:53 PM
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Again, get away from the killing issue and look at small demands that these people can make. Without bitcoin, there are few tools that help hackers find new ways of stealing funds. Today is the first day that I realized that this is just a tool for scammers and the implications of its adoption far outweigh the benefits of the same.

Interesting...so your thoughts are: A new technology comes out, it brings with it new difficulties as well as new benefits, but because I don't like some of the difficulties it brings, it should be banned...

You sir, are an idiot. If the world was run by people like you, we'd never advance technologically at all. I'm sure during the early days of the internet, it was thought of as a haven for pedophiles, drugs, porn, etc, but look at it now, yes it has it's bads, but it's goods as well(As does everything in life).

Typical asshole.  Yeah, I'm an idiot. What happened to the internet genius? It has been regulated. Hence, protecting people from being harmed (for the most part, and not counting stupidity) So, that is what I am saying and you yourself have proven... bitcoin as it stands cannot and will not grow to the mainstream acceptance until some sort of regulation is placed on it. Facts of life. I don't like it but it is what it is.

It is kinda like space flight. Yeah, we lose a few people every once in a while but the good out weighs the bad. But you didn't see them put 500,000 people on Apollo 2 for a reason.

Really? Did you know a sect of the U.S Government funded Tor? What is Tor used for a lot? Illegal activities. Have you heard of the "darkweb"? Please go do your research. But Tor also provides privacy that's almost unrivaled by other programs i.e proxies and that's something we need in a ever growing transparent world.

All I'm saying is new technologies are bound to be used by the bad guys, but you can't let that stop it from progressing, or we would never get anywhere.

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February 03, 2015, 10:12:34 PM
 #23

So, guys...  can bitcoin be allowed to continue or should we cut our losses?
What a silly question. Unlike fiat, Bitcoin isn't backed by nuclear warheads that could wipe out life on planet Earth thirty six times over.

A sane question would be, "can nation states be allowed to continue or should we cut our losses?"


"If they'd have to wage the first world war on gold it likely would have ended by Christmas 1914..."
http://youtu.be/joITmEr4SjY?t=14m48s
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February 03, 2015, 11:33:35 PM
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This has about as much to do with Bitcoin as the paper the threat was written on or the post office it was sent from.
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