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by lmm 3704 days ago
> You say that like I failed my sales pitch. The restaurant was your example, and I'm not trying to get you to use Bitcoin.

I object to the claim that it's easier to guard against a hostile bitcoin network than against phishing emails. It may be possible to use bitcoin safely for some use cases, but it's more effort than avoiding phishing emails.

1 comments

If you wait for a single confirmation you're almost 100% safe, and this is a feature that almost every wallet has. They alert when a transaction to an address of yours has been confirmed some number of times. If you aren't selling diamonds or fancy cars, online to anonymous people, the right number of confirmations is one.

For a server, it's just like another card reader with a different UI, it's not some high-tech payment box they need a PhD to operate.

(Spear-)Phishing emails often include your boss's real info, fairly convincing text, proper formatting, etc... They've tricked trained CFOs out of millions.

Using BTC is like using Instagram, there's a ton of complexity behind the scenes but if you aren't a systems integrator it's essentially seamless.