After hundreds of pol trolls called me a hero , the next snowden and hugged me virtually , I reconsiderd how I feel about this leak Sad . <| sep |> So now that I can emerge after my baby girl birth , I will resume normal activities for Reddcoin Community . First will be a more detail presentation of what is going on about reddcoin and what we would need help with . Stay tuned ! <| sep |> Scarf UTurn , and have your Rain Setter almost never die . jk <| sep |> Like I said , it horribly inefficient and can ' t handle a large transaction volume . A proper financial system like Europe ' s is pretty much 100 % safe , 100 % manipulation free . It doesn ' t make sense to decentralize it unless you particularly need censorship resistance . And 100 % centralizedmanipulation free is quite a misleading claim for bitcoin , since 23 big mining groups control the majority of the network the consensus is achieved by hashrate , and since only a few groups have the bleeding edge ASICs and cheap energy necessary to mine , they control a comfortable majority of the hashrate . Again , I love the technology , but it ' s not here to replace your bank or your credit card , unless you live in Venezuela or some country with messed up financial system . In Europe and , in many Latin American countries and elsewhere banks offer apps that let you directly transfer money with no fees , instantly . Bitcoin money transfer isn ' t even instant , in some cases it takes hours before a transaction confirmation unless you pay a large fee .