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or are they still emulating banks by requiring permanent online super nodes? This. The result seems likely to be massive centralized entrenchmemt, unless you b
by Erlangolem 9y ago
or are they still emulating banks by requiring permanent online super nodes?
This. The result seems likely to be massive centralized entrenchmemt, unless you believe that most people are going to trust their money to their own dedicated systems. Centralized bitcoin kills its “cyberpunk” dream, and lower tx fees don’t matter to the majority using this as a speculative asset. As a solution to replace money the question of what advantages exist in a centralized version of Bitcoin seems especially probing.
Of course, you’d have to believe that cryptocurrency is more than a quasi-legal distributed, headless Ponzi scheme for any of that to matter. Increasingly it seems clear that when you filter out the pump and dump noise, the only thing investors in crypto really believe is that they’re going to get rich.
- AndrewSChapman 9y agoI don't think this is true of many people in the Nano community. Rightly or delusionally, they want to earn it, spread it and spend it.