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(BBC-US)   Bitcoin users sue website for losing their money. That's the joke   (bbc.com ) divider line
    More: Obvious, work outs  
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9094 clicks; posted to Main » on 14 Aug 2012 at 7:49 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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2012-08-14 08:50:29 AM  
3 votes:

ZzeusS: Thieves and scumbags get hacked and stolen from by thieves and scumbags. Whoa.


Hey, not every bitcoin miner is a thief or a scumbag. Some of them are really terrible at math and basic economics.
2012-08-14 08:15:26 AM  
3 votes:
The real joke is that these exchanges get "hacked" at the rate of one per week and this exchange in particular was written by a teenager. He sold it to investors but then stayed on board to help them run it. Allegedly, a mobster antiques collector relative of his stole all his info and took all the money and he heroically got most of it back. The whole thing has been a lesson in economics and especially why the libertarian movement will never work.
2012-08-14 08:27:18 AM  
2 votes:

TheHumanCannonball: I'm amazed anyone actually still deals with bitcoins. It seems like there's two people trying to use it 1) People manipulating it because they can 2) Morons.

Am I off base? What's the actual appeal and benefit? Is it preferable for shady business or something?


You forgot the people involved in illegal activity, and nuts who think the government is spying on their legal activities.
Personally, I never saw the wisdom of investing in something that loses value as more people invest in it.
2012-08-14 07:53:57 AM  
2 votes:
I'm amazed anyone actually still deals with bitcoins. It seems like there's two people trying to use it 1) People manipulating it because they can 2) Morons.

Am I off base? What's the actual appeal and benefit? Is it preferable for shady business or something?
2012-08-14 09:48:19 AM  
1 vote:
Canadian Tire money is a more legitimate currency.

Or CVS ExtraCare bucks.

/bitcoin is a ponzi scheme for nerds.
2012-08-14 09:22:58 AM  
1 vote:

Nem Wan: ZzeusS: Thieves and scumbags get hacked and stolen from by thieves and scumbags. Whoa.

Blanket contempt for people who seek anonymity and secrecy? You know some governments are thieves and scumbags, or have officials who are, or could someday. There is nothing inherently wrong with taking steps to ensure that no one knows what one is doing.



Sure. And people that take many, many steps to deal only in cash and 'live off the grid' are usually completely trustworthy and not hiding anything at all.
2012-08-14 08:15:48 AM  
1 vote:
Every game has a patsy. If you don't know who the patsy it, it's you.
2012-08-14 08:05:30 AM  
1 vote:

TheHumanCannonball:

Am I off base? What's the actual appeal and benefit? Is it preferable for shady business or something?


You forgot drug dealers. Strangely enough they prefer anonymous and untraceable currencies over very easily traceable credit-cards of paypal.
2012-08-14 07:56:26 AM  
1 vote:

TheHumanCannonball: I'm amazed anyone actually still deals with bitcoins. It seems like there's two people trying to use it 1) People manipulating it because they can 2) Morons.

Am I off base? What's the actual appeal and benefit? Is it preferable for shady business or something?


and you found out about it how? some anonymous drug dealing web site that no one talks about.??

fight club. right
 
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