you can't control how people or corporates use bitcoin. that's a feature not a bug. people who want bitcoin to be good money but also want a bouncer at the door are asking for two incompatible things.
View quoted note →
Login to reply
Replies (4)
lol that doesn’t mean you start to scam people in the name of bitcoin
How about if someone loans me money with a 10%+- loan rate that I can adjust up and down if I want, and and no call date on that loan ? Then, how about if I go buy Bitcoin with it ? Who does very well over time ?
OR, How about this scheme ? I sell stock in a company and the public company buys bitcoin with the money? Who wins ?
Just wondering about the simple math.
And, for those that can't do math, BOTH parties do very well in the transactions.
All this to say: Its a free country, but I prefer self cold storage of BTC
exactly my point. free market dynamics takes care of everything at the end.
Fair enough, though I wonder—when things move that slowly, who actually gets hurt in the meantime? What's your timeline on it?