Topic: What's your least favorite thing about Bitcoin? - page 37. (Read 43253 times)
the wait, the drama, the fear that those who do not know anything about Bitcoins feels.
its uncertain nature, which is much higher compared to fiat, i mean the price will not increase to accomodate the blockhalving in the future, miners can decide to stop, and if they stop bitcoin is doomed to fail
That fact that Satoshi vanished and the man he left in charge is also now gone. 
You need a charismatic leader to follow, in order to feel safe and to flourish ?? o_O
My least favorite thing about bitcoin is that it is not truly anonymous. Some blockchain experts can tracks where the bitcoin is from and goes. In order to be goodly anonymous, one have use a mixer which require additiona; fees.
The least favorite thing about Bitcoin apart from slow transactions sometimes is that vast majority of the people still never heard about it or if they did they think it's something they can ignore.
start from the beginning I knew bitcoin until now, which makes me make bitcoin as my favorite is very easy to make an investment tool 
As we know bitcoin value still unstable and The security still lack of protection.
So sometimes, I'm getting feared by holding bitcoin and a bit confuse whenver I must sell today or tomorrow
So sometimes, I'm getting feared by holding bitcoin and a bit confuse whenver I must sell today or tomorrow
the only thing i can think of that i somewhat don't like in bitcoin like many other people are the slow confirmations. but that's something we can't work around at this point.
Too much drama 
The fact that the technology is not protected by some kind of copyright or intellectual property rights. This has opened it up for every asshole with money and a few good
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
Nah, Why worry about those rights when it was intended to be an open-source project? Also, for copyright lawyers to call it their own and patent it, they must first explain thoroughly how it works. You can't just claim it as your own and it came from the fruits of your mind when you can't tell what is and what isn't based from the code itself.
the only things that I don't like about bitcoin are the fact that its price is not stable which makes investing in bitcoin a high risk action.
also I always wished that confirmations were a little bit faster that what they are now (average of 2-5 minutes).
You guys worry about the most stupid thing...
Now how is that stupid? If these guys are successful with their patents, it would have a bigger influence on Bitcoin that the NY BitLicense. All innovation would be crushed, if they cannot use "Blockchain" technology freely. Care to elaborate on your statement? How can you not see this as a negative for Bitcoin development.if there is only a slight chance that they might succeed, it will scare off investors.
but that is how open source codes work!
also I always wished that confirmations were a little bit faster that what they are now (average of 2-5 minutes).
The fact that the technology is not protected by some kind of copyright or intellectual property rights. This has opened it up for every asshole with money and a few good copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is where it's going.
You guys worry about the most stupid thing...
Now how is that stupid? If these guys are successful with their patents, it would have a bigger influence on Bitcoin that the NY BitLicense. All innovation would be crushed, if they cannot use "Blockchain" technology freely. Care to elaborate on your statement? How can you not see this as a negative for Bitcoin development.if there is only a slight chance that they might succeed, it will scare off investors.
but that is how open source codes work!
I'm not sure about now but I really did not like how volitile bitcoin is to use as a currency.
The fact that the technology is not protected by some kind of copyright or intellectual property rights. This has opened it up for every asshole with money and a few good
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
You guys worry about the most stupid thing...
Now how is that stupid? If these guys are successful with their patents, it would have a bigger influence on Bitcoin that the NY BitLicense. All innovation would be
crushed, if they cannot use "Blockchain" technology freely. Care to elaborate on your statement? How can you not see this as a negative for Bitcoin development.
If there is only a slight chance that they might succeed, it will scare off investors.
Large swathes of the community are weak and gullible, which is a terrible combination with the tech at hand.
Interesting, this is one of my most favorite things about Bitcoin.
The fact that the technology is not protected by some kind of copyright or intellectual property rights. This has opened it up for every asshole with money and a few good
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
You guys worry about the most stupid thing...
The fact that the technology is not protected by some kind of copyright or intellectual property rights. This has opened it up for every asshole with money and a few good
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
copyright lawyers, to try to patent it, and call it their invention. If this is successful, Bitcoin and all other innovation from it, will be doomed. Time will tell, but I think this is
where it's going.
I think requiring everyone to make at least one transaction in x (10, 20, whatever) years would be worth recovering the coins that otherwise would be lost.
But it implies big brotherdom and it would make the ownership of coins conditional.
I don't have to prove anything when it comes to dollars, property, stocks. Once it's in my possession it's mine. I'm not going to bother with a system that asks me to validate myself and then takes my property away if I fail to do so.
There'd be total uproar if that happened with anything unless it was clearly leased from minute one.
Nothing to be honest every thing looks its going down hill. Mostly every bitcoin (company is dying or being "hacked")
Well, the x could be a "big" number (10 or 20 years). Also, what would be the problem on doing whatever small transaction from your wallet just to "keep it alive"? How usual is to set up a wallet, store a bunch of coins and never ever use it again? (not to receive nor to send btc).
I think it's pretty common. Only a minority of people are using coins to transact. Many are parking them for the far future.
Why should anyone have to prove to anyone else that they still control their private keys? They earned, mined or bought them. From that moment on it's their property to do with as they wish and it shouldn't be anyone else's business.
The amount of coins that are lost forever. There should be a way to recycle them, I mean, after x time of inactivity in the wallet when they are held. They could be randomly distributed or added to the reward for miners.
Or they could be just fine and sitting still. Coins from early 2009 moved for the first time recently. There's no way of knowing what's lost and what's dormant and holders wouldn't be best pleased to find their beloved coins gone because someone else decided they deserved to live again.
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