[GNHLUG] MerriLUG: April 2nd 2013 - Bitcoin
Joshua Judson Rosen
rozzin at geekspace.com
Thu Apr 4 18:08:02 EDT 2013
David Rysdam <david at rysdam.org> writes:
>
> On Thu, 4 Apr 2013 15:46:53 -0400, Ben Scott <dragonhawk at gmail.com> wrote:
> > Peer-to-peer is two guys meeting on a street corner and saying "Hey,
> > wanna buy some Bitcoins?" :)
>
> What if 100 guys meet on a street corner? And what if that street corner
> is then blocked, "DoS'd" if you will, by a rival gang? Isn't that
> exactly what happened here?
What if, instead of a guy buying bitcoins for himself, he's buying
bitcoins on a street-corner so that he can use them to buy bread
for his family? Is that exchange of bitcoins then no longer a
peer-to-peer transaction?
And what if, rather than buying the bread himself, he gives his
family the bitcoins so that they can buy bread themselves?
And what if he has a very _large_ family? And what if, rather than
just _giving_ the bitcoins to his family, he sells them for price
that is _practically_ giving them away?
And what if his family don't like bread? What if they preferred,
let's say..., cigarettes....
--
"Don't be afraid to ask (λf.((λx.xx) (λr.f(rr))))."
More information about the gnhlug-discuss
mailing list