Hacker News new | past | comments | ask | show | jobs | submit login

> can be logged in great detail for people of interest if nothing else.

That’s the key part: this is very different than all activity being routinely logged. Most of us never need to worry about this and someone in a hypothetical situation like you describe is presumably not a person of interest until afterwards, where that public blockchain history is a risk for the rest of their life.

Similarly:

> It also avoids the major risks of having to meet in person to transact as with cash.

This wouldn’t matter in your hypothetical scenario where physical goods need to be exchanged.

Again, my point is that this comes down to the marketing push. Even if the system works as planned, the number of people who made other opsec mistakes is high enough that in practice cash is not less safe.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: