ST Alpha - "That all assumes that people want to constantly be watched, that enough people will have piggy banks and accept payment in that form to make it " (Reading a Post)

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In response to "Speaking of Bitcoins - best explanation that I've ever read (short read)" by colin

That all assumes that people want to constantly be watched, that enough people will have piggy banks and accept payment in that form to make it

Posted by pmb (aka pmb) Jan 2 '14, 15:48

worthwhile, that nobody can figure out a way to disable the security cameras, and that there won't be so many rooms with piggy banks that people will just get tired of having to manage it all. Also with the value fluctuating so wildly it makes transaction risk exceptionally high except for people who are basically just using it to gamble. It still seems silly to me.

Responses:

well, there's just one room for bitcoin.. it's all the other webcurrencies that make it confusing. - colin Jan 2, 15:50 1
- It's anonymous until it's not. There's a record of every transaction. It won't be that hard to figure out. The government has already seized - pmb Jan 2, 15:53

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That all assumes that people want to constantly be watched, that enough people will have piggy banks and accept payment in that form to make it

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