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If the government instead stored the deed transfers in a database with digital signatures and exposed a read-only API to it, wouldn’t that solve this problem be
by hudon 9y ago
If the government instead stored the deed transfers in a database with digital signatures and exposed a read-only API to it, wouldn’t that solve this problem better?
What’s the concern? That the government makes you not the owner of your house anymore? And if your government does that, what’s the difference between fighting for a government that respects the rule of law versus fighting for a government that puts house deeds on bitcoin?
Thanks!
- nwah1 9y agoThe difference is that the bitcoin wastes more energy to accomplish that.
- brianorwhatever 9y agobut is guaranteed to accomplish that
- hudon 9y agoIf the government was going to take your house away from you anyway, why would they care what’s on the blockchain? This is so contrived...