Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

So why spend all this time on the topic of supposed value of zero confirmations,

Well, for my part, I am just continuing the conversation that ensued when BobLawblaw issued an edict* that zero conf 'was not the way Bitcoin is supposed to work' (* I guess BLB doesn't understand 'permissionless'). Why are _you_ spending all this time on the topic?

1) Your permissionless assertion seems to be a stupid concept. You are now arguing that getting a confirmation is a form of seeking permission?

Absolutely nothing of the sort. I was pointing out that Bob's declaration of 'how Bitcoin is supposed to work' is irrelevant in a permissionless technology. The 'way Bitcoin is supposed to work' is any manner that anyone might try and succeed in making it work. Due precisely to its permissionless nature.