also, this story about feds stealing bitcoins shows the weakness of bitcoin.
yes, bitcoin is secure and everything, but what use of no-middle-man transactions when there is high probability that the other side will fuck you, because irreversibility.
if you cant trust a government agent nor a drug dealer...why use it at all?
escrow is too much of a hassle.
It took more than five years for bitcoiners to understand that middleman and trusted third parties are not evil and that they play an important role in consumer protection.yes, bitcoin is secure and everything, but what use of no-middle-man transactions when there is high probability that the other side will fuck you, because irreversibility.
if you cant trust a government agent nor a drug dealer...why use it at all?
escrow is too much of a hassle.
...Actually, no, forget I said anything. I take that back.
...
After five years they still don't get it.