Onetallnerd
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Onetallnerd41 karma
Are Bitcoin ATMs legally safe if they are in compliance with state and federal laws? Are you going to regulate or make the installation of these ATMs clear on a legal standpoint. Basically so that investors feel safe installing them without fear of the state changing its mind and outlawing bitcoin ATMs?
Onetallnerd13 karma
I wouldn't recommend or push people to invest in bitcoin even though I have myself, but if there had to be one it would be bitcoin as it has the first mover advantage and the most infrastructure built around it with a ton more venture capital being poured into it as we speak.
It's different from a social network in that anyone can work on bitcoin or build on top of it to create a different experience. You couldn't do that with Myspace or most other social networking sites so I think that comparison is invalid.
(Although, I do agree with it being a huge risk)
$1 /u/changetip
Onetallnerd12 karma
In your opinion should more be done to punish banks that have laundered billions of dollars? Do you think a small fine compared to the money the banks made off laundering is enough?
Onetallnerd81 karma
Non reversibility is a feature, you can build reversibility and escrow on top of it. It would be a disaster if this were so on the protocol level. Bitcoin wouldn't work.
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