3 ms·
> Otherwise a new model for trustless p2p exchange of money will need to be developed. That's the biggest assumption of all. The idea that there's a need for t
by discodave 8y ago
> Otherwise a new model for trustless p2p exchange of money will need to be developed.
That's the biggest assumption of all. The idea that there's a need for trustless p2p money, or that existing money doesn't work seems like nonsense to me.
- deft 8y agoPeople think it's cool. I wasn't commenting on whether it's needed for society. But the people developing it would need a better way to achieve their goals if PoW really should be abandoned.
- hndamien 8y agoYou don't need it at all until you need it. Then you really, really need it. It kind of works like a seat belt. To this day I think I have only actually used my seat belt once in my entire lifetime! My family has literally never used theirs.