Viewing profile — venaoy_

Are you not replying to my main point (most merchants are honest therefore chargebacks are rarely needed) because you agree with it? > That may be a problem with the current implem…

No, Coinbase is insured even if only a "fraction" of their site is hacked. I am not sure why you would claim the insurance only covers a hack of the "entire site", but not a "fract…

Coinbase's bitcoins are insured. And Coinbase's dollars are FDIC-insured. There is nothing inherent to Bitcoin that prevents an exchange from being operated responsibly and covered…

Just one, plus this temporary account. I am not at home and I don't have access to my password safe containing my HN password.

It was not a ponzi, but MtGox became insolvent through fraud: Mark Karpeles simulated fake transactions with fake coins and fake dollars using his willy bot.

(I can't log into my venaoy HN account at the moment) > Spinning a lack of reversible transactions as being a "Benefit" is disingenuous I argue, through my examples, that reversibi…