Hacker News new | ask | show | jobs
by gdudeman 3244 days ago
Not to mention that anyone can create a new bitcoin-fork.

Animats-coin could be created and supported by 2 machines. Is Coinbase obligated to support it just because you have a couple graphics cards and forked code?

If so, there are many near-worthless bitcoin variants and forked chains they aren't supporting.

Whenever someone gets rainbows in their eyes about the magic of the blockchain, I can't help but think "you can imagine the perfect, utopian future - the same one we imagined about the internet in 1994 - but none of the unintended side effects."