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by cbsmith
4244 days ago
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> This poor guy needs to be educated if he thinks that avoiding taxes, regulations, and credit card fees are the only applications. I think he very clearly understands all the applications. The point is that _for his case_ it doesn't provide any value, and he believes in a lot of cases its drawbacks outweigh its advantages (which is an entirely arguably point). > Common decency dictates that if you openly state you are unwilling to learn about something, you should refrain from posting opinionated articles about that thing. Again, I think you misread the article. It isn't that he is unwilling to learn something. He's learned a great deal and concluded that it makes his life more difficult. More importantly, he's pointed out a significant problem with it: there are a lot of things that can happen with Bitcoin that would otherwise be prevented and you'd want them to be prevented. |
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Really? And what are you basing that opinion off of exactly?
The only applications he mentions in his post relate to taxes and credit card fees. If he had any understanding of the other uses like multiparty transactions, timestamping, identity management, voting, derivatives, and trustfree contracts, then he failed to say anything to convey that awareness in his writing.
> Again, I think you misread the article. It isn't that he is unwilling to learn something. He's learned a great deal and concluded that it makes his life more difficult.
I didn't misread anything. Rather, he miswrote by conflating his opinions of a single bitcoin service with the entire underlying protocol.