> In essence, bitcoin was a technological solution to a problem which would have been solved more elegantly by changing financial laws, and requiring banks to offer non-reversible transactions.
Ahh, this may explain why I don't see how cryptocurrency is a good thing. I consider the fact that banks do not allow fully non-reversible transactions as a very strongly desirable feature, not a bug to be done away with.
And I think this is a very valid viewpoint. Clearly, many people think the same, otherwise we'd already have non-reversible transactions in the conventional banking system.
Ahh, this may explain why I don't see how cryptocurrency is a good thing. I consider the fact that banks do not allow fully non-reversible transactions as a very strongly desirable feature, not a bug to be done away with.