If it is in fact the world's most secure bitcoin trading platform does it make bitcoin safe relative to other end user services such as traditional banks or credit cards?
The difference I see is that using Visa and MasterCard do not require me to believe they are the smartest people in the room. All I have to believe is that when someone else uses my account they will try to detect it, correct it and keep me whole - which they have done several times.
The system works because it does not need to prevent all fraud. Maybe ButterCoin has solved that problem but YC and Google's investments are not evidence one way or the other.
The difference I see is that using Visa and MasterCard do not require me to believe they are the smartest people in the room. All I have to believe is that when someone else uses my account they will try to detect it, correct it and keep me whole - which they have done several times.
The system works because it does not need to prevent all fraud. Maybe ButterCoin has solved that problem but YC and Google's investments are not evidence one way or the other.