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Unless you want to totally eliminate counter party risk or execute an unstoppable transaction. Most use cases do not require these benefits.
by Rmilb 9y ago
Unless you want to totally eliminate counter party risk or execute an unstoppable transaction. Most use cases do not require these benefits.
- metroidfan832 9y agoUnstoppable transaction is not a benefit.
- kaffeemitsahne 9y agoUnless you want your transactions to be unstoppable, that is..
- ghaff 9y agoIt really depends on the use case. In general, in the commercial world, we want to be able to have transactions/contracts that can't just be voided without consequence because one of the parties thought it was a good deal at the time but it turned out not to be. On the other hand, most legal systems aren't going to enforce contracts that have ruinous effects on someone because of a simple mistake or event that no one could have foreseen.
- stale2002 9y agoWhat if I don't want my transactions to be stopped? Sure, the powers of the world that want to engage in financial censorship probably don't think of unstoppable transactions as benefit. But the people that oppose censorship certainly do think of it as a benefit.
- Rmilb 9y agoThe continuing existence of Bitcoin disproves this. What do you base your point on?