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Why on the earth they don't just do a telegram based digital money without any block chain but just an N nodes database Geo distributed? So that you can pay rea
by antirez 9y ago
Why on the earth they don't just do a telegram based digital money without any block chain but just an N nodes database Geo distributed? So that you can pay real money to have telecoins (or whatever) and that's all. Oh wait... This prevents earning 1 billion of dollars to give back monopoly money.
- cornholio 9y agoThat might work for the intended use-case, but it does not use the blockchain, therefore it can't benefit from hype and deflationary expectations, so the "invitation only early investors" can't have exponential profits - the real motivation for the whole scheme.