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Comment by sbuttgereit

Reading these things I see two dangers in crypto-currencies. 1) it's difficult to know all of the technical nuance that can have significant impact on value. I bet many merchants and bitcoin holders had no idea of any of this was in the offing. Even with research, non-technical people may not have been able to appreciate the risks from specs and tech discussions. And 2) this really doesn't feel decentralized. Sure there may be no formal organization, but with apparently so few people being able to be closely involved, in almost may as well be.

Of course, I'm a more casual observer on the sidelines, and maybe my take is wrong as others with closer observations may tell me. But I never heard some of these things being issues until just now... bitcoin is clearly not for casual users.

parent sbuttgereit 10 years ago

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