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mortgage & credit generally are bad comparisons, because cryptocurrency doesn't solve this. You still need a credit score or similar reputation metric associat
by jraines 9y ago
mortgage & credit generally are bad comparisons, because cryptocurrency doesn't solve this. You still need a credit score or similar reputation metric associated with your real legal name/entity.
In general I agree, though. Turning energy into trust is definitely worth it, and we're in a price discovery phase to find out what "it" is.
- fastball 9y agoBitcoin doesn't solve this, but there are plenty[1][2][3][4] of cryptos that realize this failing in Bitcoin and others and are trying to address it. 1. https://www.civic.com/ https://www.civic.com/ 2. https://stratisplatform.com/identity/ https://stratisplatform.com/identity/ 3. https://whycardano.com/#social-elements-of-money https://whycardano.com/#social-elements-of-money 4. https://neo.org/ https://neo.org/