Post
Topic
Board Bitcoin Discussion
Re: My criticism of BitCoin
by
monsanto
on 25/07/2015, 05:53:52 UTC

2. One would think they came up with a new currency system so theft could be prevented. No, BC gets stolen all the time.
Why couldn't they "disable" the serial numbers of the currency that was stolen? Thats the kind of system that should have been designed.


Ultimately I think this may prevent Bitcoin from being widely adopted. That doesn't mean it can't continue to exist as a niche system. But, the average person is willing to pay a certain amount, to a credit card for example, in order to be able to have customer support (i.e., insurance) in the event of theft.