[pfisch]

It seems like you need a new security system to reduce fraud which will reduce fees, and that is what bitcoin offers potentially

[XorNot]

Yeah that must be why people aren't losing Bitcoin and having it stolen every second week...

[pfisch]

That has nothing to do with the security mechanisms around bitcoin and everything to do with noobs and the infancy of the technology.

[XorNot]

It has quite a bit to do with the security mechanisms around Bitcoin, when compared to the security mechanisms around modern transaction processing.

Bitcoin advocates like to bang on about hyperinflation which isn't happening, meanwhile they're being robbed blind.