Bitcoin
Out of context: Reply #661
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- twooh0
Monolith, your "analysis" is mostly made up from a lot of speculative bullshit, and you're basically doing exactly what CableStudios has been doing by posting these supposedly empirical charts as if they're supposed to mean anything. There is a lot of misinformation in your post.
Bitcoins aren't necessarily stolen "easily". If you post your credit card information on television, chances are someone is going to use it. This goes for any technology in its infancy that isn't yet ubiquitous. To call everyone who is a victim of theft of Bitcoin an "idiot", doesn't help anyone, and is just you saying things out of hindsight.
And no, not everyone has to keep their money on paper, or in a safe. There are many other encrypted ways to protect your own data. You are obviously not very well educated on this matter.
And merchants love Bitcoins because "once you part with bitcoins it's gone."? It's currency. That's what part of an economy is. I don't understand what your point is.
Regarding your 4th point, people money launder with the dollar. So, what is your point?
5th. Ugh. Right. The world will be doomed by 2140 when the world finishes mining Bitcoin. Where's your evidence for this? Where are your peer-reviewed studies? If you have none, you have no case here. End of story.
7. Okay, so whoever is Satoshi Nakamoto, or any other hacker can exploit all of Bitcoin? Really? Do you even understand how open-source, cryptology, and the block-chain itself works?
8. Right. Bitcoin was perfectly created for "criminals, hackers, murderers", and not the "general population".