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Bitcoin's problem is that it pretends to be distributed when it's really decentralized. Or vise versa, depending on your definition of those terms. What I mean
by jchrisa 11y ago
Bitcoin's problem is that it pretends to be distributed when it's really decentralized. Or vise versa, depending on your definition of those terms. What I mean is that Bitcoin is a distributed way of building a global variable (the blockchain). As long as we go on thinking a global blockchain is any different from centralized banking... I'm more interested in what happens when we throw out the idea of commodity money altogether: http://thenewstack.io/why-art-could-become-currency-in-a-cryptocurrency-world/ http://thenewstack.io/why-art-could-become-currency-in-a-cry...