Hacker News new | ask | show | jobs
by DANmode 846 days ago
"he should be very rich"?! (emphasis mine)

Also, out of curiosity since I'm here: what trust issue does Bitcoin not solve?

1 comments

Bitcoin fans say it solves 'the' trust issue.

If you do something on the block chain with your Bitcoins it's save.

Just that the only thing it does is making sure you can send or retrieve a Bitcoin securely but that you need other security mechanism to make sure the trade is protected gets ignored.

Like every trade involving something outside the chain is still not save.

Buying Bitcoin, selling Bitcoin, trading a Bitcoin for a service.