Hacker News Reader

A side benefit, but I wouldn't say the whole point. There are some cases where middlemen are necessary - the difference being that they're a lot more avoidable with BTC than they are in meatspace. (Credit cards, authorities who rob people carrying large amounts of cash, and so on.)

View on HN

I'm not positive that bitcoins offer much more protection from robbery than cash, given the situation here.

They offered protection, though didn't they? Evolution had multiescrow, they wouldn't have gotten those funds would they have?

I'd much rather have someone charge up fraudulent charges on my credit card than Bitcoin, I would much more likely be getting that money back and letting the CC fraud department deal with it. That guarantee is a major selling point of why so many people use credit cards in the first place.

Reply on news.ycombinator.com