> "The insurance covers..."
This statement is correct. But do we need insurance on negligence? No. The cash you carry in your pocket is not covered by insurance yet it doesn't prevent it from being reasonably useful/successful. I make the comparison to let you understand Bitcoin doesn't need insurance against negligence to be reasonably useful/successful.
> the entire network was shutdown in early 2013.
No it was not. The correct forked path of the block chain never stopped running during this incident. That's how a fork is always resolved: one path dies, the other continues to live undisturbed.
> Are they shutting down the network to force every enhancement,
No. There is a process to introduce changes without disrupting the network at all: https://en.bitcoin.it/wiki/Softfork This is how P2SH was added with zero disruption to the network.
> Your insistence that we only discuss the technical
You misunderstood me. It is of course OK to discuss other aspects: social, financial, etc. I was merely pointing out you should drop the personal attacks, as they make you look childish and as they degrade the quality of your comments.
> your stubbornness in ignoring how currencies and payment processors work...
Once again I don't want to ignore this. So far I have replied to all your arguments with logical counter-arguments. Let's keep the discussion civil.
This statement is correct. But do we need insurance on negligence? No. The cash you carry in your pocket is not covered by insurance yet it doesn't prevent it from being reasonably useful/successful. I make the comparison to let you understand Bitcoin doesn't need insurance against negligence to be reasonably useful/successful.
> the entire network was shutdown in early 2013.
No it was not. The correct forked path of the block chain never stopped running during this incident. That's how a fork is always resolved: one path dies, the other continues to live undisturbed.
> Are they shutting down the network to force every enhancement,
No. There is a process to introduce changes without disrupting the network at all: https://en.bitcoin.it/wiki/Softfork This is how P2SH was added with zero disruption to the network.
> Your insistence that we only discuss the technical
You misunderstood me. It is of course OK to discuss other aspects: social, financial, etc. I was merely pointing out you should drop the personal attacks, as they make you look childish and as they degrade the quality of your comments.
> your stubbornness in ignoring how currencies and payment processors work...
Once again I don't want to ignore this. So far I have replied to all your arguments with logical counter-arguments. Let's keep the discussion civil.