4 ms·

Oh I see. Bank/corporation owned currency is a weird concept....

• omarchowdhury 9y ago
  What do you mean? Obviously if they can create their own blockchain they can issue their own currency, too. It's just a book of who has how much.
  • campbelltown 9y ago
    Blockchains only improve the efficiency of permissionless system. If you're going to create an in-house currency, it would be idiotic to use something as un-scalable as a blockchain.
    • omarchowdhury 9y ago
      What makes Bitcoin, not an in house currency, also not idiotic in your case?
      • campbelltown 9y ago
        Permissionless ownership.
        • omarchowdhury 9y ago
          Instead here your gatekeepers are speculators and miners and early adopters.
          • Frogolocalypse 9y ago
            The 'gatekeepers' are anyone who has bitcoin.
            • campbelltown 9y ago
              Even further, there are no gatekeepers...
• c0nducktr 9y ago
  It sounds like something you'd find in a cyberpunk novel.