Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
NewLiberty
on 04/11/2014, 17:42:35 UTC

it would've been alot easier to trust if Blockstream the for profit wasn't involved in MC core dev.

Everything about Cyph's panties being all bunched up on this sidechains thing screams exercise of fud-douche-iary duty.  He's on the n-th pass of his tedious circle of fud, though occasionally I throw him a new line to play with (ironically since I'm a strong supporter of sidechains.)  The OpenTransaction guys are outed, but not cypherdoc as far as I know.

I disagree here.
Pretty much all of the concerns he cites are real risks, and not uncertainty or doubt.

Whether they rise to the level of risk/reward is another calculation entirely.  Some of us are comfortable with different levels of risk.  That is what makes a market work.  These may be acceptable risks for some, and not acceptable for others.

Only a fool ignores real risks, the wise person mitigates them (or avoids them) to the extent that it is profitable to do so.
To say that they simply don't exist, will make folks lose trust in the solution.