3 ms·
This is cool but if you do look at where big investments are being made it's more in smart contract/block chain. Considering the extreme regulatory and DOJ pre
by technofiend 10y ago
This is cool but if you do look at where big investments are being made it's more in smart contract/block chain. Considering the extreme regulatory and DOJ pressure to expose all parties in any fiduciary transaction I'm skeptical we'll ever see an explicitly government-approved system with anonymity.
- internaut 10y ago> I'm skeptical we'll ever see an explicitly government-approved system with anonymity. Me too but I also think that it's increasingly not possible to scale up a governance system without anonymity. Suppose you have a list of incumbents that will pay you off to kill competition, and a list of new entities that affect those incumbents. That's a recipe for stasis and stagnation. Arguably this has already occurred in the medical arena on multiple levels. You need a 'fog of war' to allow innovation to occur. Otherwise you're depending on the goodwill, patriotism or honesty of officials, things that could dry up when you most need them. I suppose this could also be used as an argument for limited protectionism and incubation.