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Are you interested in crypto-assets if they're not structured like a Pyramid-Ponzi scheme, where wealth is redistributed weighted towards the earlier adopters -
by loceng 9y ago
Are you interested in crypto-assets if they're not structured like a Pyramid-Ponzi scheme, where wealth is redistributed weighted towards the earlier adopters - or are you excited about the potential of blockchains?
We already have currencies that worldwide could be transferred to a blockchain crypto-asset structure via governments destroying money ('take out' of traditional circulation) to put onto an immutable digital blockchain ledger, as opposed to someone receiving currency of choice in exchange (E.g. I give you this digital thing you call a 'coin', and you give me $1 USD).
If the main value is truly in the decentralized and immutable ledger aspects, then its use can eventually be State/government-mandated, instead of gaining collaboration through unreasonably incentivizing its adoption, no?