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> The blockchain should only be used for non-financial applications Do you really mean it shouldn't be used in any financial applications or just not to replac
by lucozade 10y ago
> The blockchain should only be used for non-financial applications
Do you really mean it shouldn't be used in any financial applications or just not to replace fiat currencies? If the former could you elaborate on why? I'd be very interested in your opinion.
- alanwatts 10y agoPerhaps it is because the fundamental nature of "finance" as a social conception is inherently centralized. So any purposefully decentralized/distributed system used for financial (centralized) purposes becomes corrupted by default.