Difference between revisions of "Elevator speech"
(Add Criticism section pointing out some problems with the message offered.) |
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free. Payments are made in a new kind of money whose total | free. Payments are made in a new kind of money whose total | ||
supply is limited and not controlled by any party. | supply is limited and not controlled by any party. | ||
| − | e-commerce would benefit and services, for example escrow | + | e-commerce would benefit and services, for example [[:Category:Escrow Providers|escrow]] |
| − | or securing and remotely accessing your wallet, could | + | or securing and remotely accessing your [[wallet]], could |
be built on this technology. | be built on this technology. | ||
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*walks out of elevator* | *walks out of elevator* | ||
</pre> | </pre> | ||
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| + | ==Criticism== | ||
| + | |||
| + | Except that bitcoin transactions are not sufficiently anonymous, instantaneous nor free. | ||
Revision as of 17:32, 24 August 2011
OK get this. A distributed system for people to send and receive payments anonymously, instantly, reliably, and for free. Payments are made in a new kind of money whose total supply is limited and not controlled by any party. e-commerce would benefit and services, for example [[:Category:Escrow Providers|escrow]] or securing and remotely accessing your [[wallet]], could be built on this technology. Think BitTorrent meets PayPal. Sound good? Well it already exists and I have x000 of them. Keyword: bitcoins. *walks out of elevator*
Criticism
Except that bitcoin transactions are not sufficiently anonymous, instantaneous nor free.
