Hacker News new | ask | show | jobs
by darklajid 5225 days ago
First and foremost: I'm sorry. We clearly didn't talk about the same thing and I misunderstood what you wrote.

My take: Someone was mocking Bitcoins with "But all that regulation is evil and it's the freedom of bitcoin that gives it the power" and I tried to make a point saying that _no regulation is involved here_ (laws? certainly). This is a wallet, it got stolen. Your credit cards are protected, your cash is gone for good.

You invoked PCI and I was (and am) unable to make the connection, maybe again because of a misunderstanding? I'm talking cash. Bitcoins are cash in my world (or - at least their value is equivalent to cash, if you choose to sell them).

From there we went downhill and I overreacted. Yes, for me 'state' is exactly what you posted. Again, sorry for the lapse.

1 comments

Well, I'm sorry for the confrontational reaction.

I invoked PCI because of the thread: the original post was from klodolph, who said:

(...) You can't process credit cards on a VPS and be PCI compliant (it's against the rules), but any moron can do what they want with bitcoins.

And to that gravitronic replied:

But all that regulation is evil and it's the freedom of bitcoin that gives it the power(...)

"All that regulation" only makes sense if gravitronic is talking about PCI, which was the only regulation cited by klodolph.