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by sigil
4469 days ago
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I was mostly responding to the claim that Bitcoin transactions aren't reversible. To your point: I suspect multisig doesn't help solve the problems we keep seeing with exchanges. An exchange converts between currencies, and wants to make transactions easy. A bank keeps your money safe, and wants to make transactions more difficult to that end. Unless you're a currency day trader, I don't see a reason to conflate the two. Personally, I'm appalled by the fact that we've built a system that makes it easy for individuals to secure their own funds, and yet we're using it to entrust funds to third parties who don't have a clue. All in good time I suppose. |
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