Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
fluidjax
on 30/07/2018, 13:22:25 UTC
Quote from: B1tUnl0ck3r on July 30, 2018, 12:45:47 PM
Quote from: fluidjax on July 30, 2018, 12:43:03 PM
Quote from: hv_ on July 30, 2018, 12:11:44 PM

0-conf works fine if you know your peers - buy your coffee, deposit Bitcoin at banks, pay TAX (you can in Zug / Switzerland)  

https://twitter.com/justicemate/status/1023877784337145857

..  / sure it is not trustess until you wait - exchanges show you exactly that part.



“If you know your peers” what does that mean, how can you trust another peer?
By whitelisting their IP address? ... like that’s reliable.

your iq has become negative... it's called trust and it's way way way more powerful than anytrustless system...

fluidjax, have you been born that stupid or something happened or you are paid to be? please don't feel insulted, I wouldn't cry if you call me too big to enter your sport car Smiley, it's here you are too stupid... it's just who you are.


Me stupid.... can't you understand what I'm talking about, does it need to be spelt out to you?
If you choose to blindly trust a peer that's your own (poor) choice, my point was how do you know you are really speaking to the peer you want to trust?
This is where 0-conf falls over, it requires a blind trust in an unverifiable 3rd party.