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"All this ads liquidity risk which in turn reduces the value of the infrastructure." Completely agree, and here's what's especially interesting about that comm
by performa 11y ago
"All this ads liquidity risk which in turn reduces the value of the infrastructure."
Completely agree, and here's what's especially interesting about that comment: in the "traditional" (non-Bitcoin/ripple/etc) finance world, it takes an even SMALLER minority to block transactions.
From the perspective of "how many people do you need to piss off before you cease to have liquidity", the worst system on the planet is ye old bank.
- im3w1l 11y agoIn the traditional world, there is a specific minority you can't piss off. But with Ripples, you can't piss of any sufficiently large minority. This is a big difference.