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rb9999
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by
rb9999
12y ago
Flavio, you raise a good point. If a loan is denominated in USD by someone who "thinks and breathes in USD" then it's not really a BTC loan, is it? It's really a USD loan, essentially, with an intermediate transfer cur
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by
rb9999
12y ago
>The bitcoin price doesn't matter for the linked loans This is only true if the loans are a ponzi scheme and not being spent on goods or anything else :) I'm sure you don't care, you'll get your fees right up until th
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by
rb9999
12y ago
HN title: 4 words (including appended domain). Inactive Account Manager is used 1 time. Representing 75% of the message. The more you write, the lower that percentage that should drop to. 35% of 34 words is fair.
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by
rb9999
12y ago
Bitcoin is easy to understand - it's like gold, which derives its function as money from its scarcity, transferability, fungability, and verifiability. Most of the same holds true for bitcoin. However, there is an important difference.