2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: Elroy Jetson who wrote (136960)	12/1/2017 9:35:02 PM
From: Maurice Winn	Read Replies (2) of 217591

Aha the problem is using the same word for different meanings. I'm referring to the cost of moving a bitcoin from one person to another, not to the cost of turning it into some other currency. What matters for the success of bitcoin is the cost of sending a bitcoin payment to somebody. If it takes more than seconds or costs too much to do it then people will use something else. When bitcoin first started I decided that it's design is bad because efficiency matters and so does security. If somebody can get hold of the wallet detail they can move the money to themselves. Once it has gone it can't be found and returned. Mqurice

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