Underestimate blockchain at your peril [LWN.net]

Underestimate blockchain at your peril

Posted Jan 11, 2018 21:43 UTC (Thu) by halla (subscriber, #14185)
In reply to: Underestimate blockchain at your peril by nix
Parent article: Welcome to 2018

I would even estimate that the time I spent answering people who ask me "why doesn't krita accept bit/doge/whatever/coin" is worth more than the donations that would arrive!

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Underestimate blockchain at your peril

Posted Jan 11, 2018 22:38 UTC (Thu) by karkhaz (subscriber, #99844) [Link]

For a small business owner's perspective on accepting Bitcoin, I enjoyed reading Colin Percival's blog post from a few years ago:

http://www.daemonology.net/blog/2014-03-27-tarsnap-bitcoi...

he claims that Stripe's service means that he doesn't actually have to deal with bitcoin, Stripe just sends him dollars. So bitcoin is being used to make a transaction anonymously, but not to store value long-term. This seems to be the best of both worlds...