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Nice thread but the issue I always have with all discussions around cryptocurrencies is: I never know if the person who just worshipped or criticized a specifi
by thinbeige 9y ago
Nice thread but the issue I always have with all discussions around cryptocurrencies is:
I never know if the person who just worshipped or criticized a specific currency has a vested interest.
Somebody who sits on billions of ETH will write totally different tham someboy who is shorting/margin trading ETH.
- eyezick 9y agoA good litmus test is the level of technical depth of discussion, it's very easy to discuss hypothetical achievements at a high-level of any cryptoasset, but to be able to get into the details demonstrates knowledge beyond any regular trader as well as provides possibly objective reasons to be argued with.
- thinbeige 9y agoGood point. There is one guy in he thread who doubts that ETH will scale. He stays quite meta but sounds credible because he gives one or two good reasons. Still it's hard to judge if it's just a claim or is it substantial, is it crucial for the success anyway? This whole cryptothing feels like gambling, 'put all your money on red, red will win..'
- Taek 9y agoThe state of the art for theoretical blockchains is that, to maintain security, you need every single node to process every single transaction. No proposed solution to fix this can maintain anywhere near the same level of security, and while we are making progress on that issue, I think it's still pretty far away.