[Cryptography] Question about Bitcoin's security model
John Levine
johnl at iecc.com
Mon Jul 27 20:03:46 EDT 2026
It appears that Peter Fairbrother <peter at tsto.co.uk> said:
>The lies are first that it is a currency, which it obviously isn't -
>apart from one famous incident, can you buy a cup of coffee with it?
Hey, I bought a coffee and an espresso with bitcoins in 2013:
https://jl.ly/Money/bitvend.html buying bitcoins from a vending machine
https://jl.ly/Money/bitcafe.html using them to buy coffee
https://jl.ly/Money/bitoops.html trying and failing to cash in the rest
But I suppose that confirms your point. At the current BTC price my
coffee cost about $1,000.
R's,
John
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