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Using technology to subvert the State is a large cat and mouse game and the first mice are bound to make mistakes. It's the risk of jumping in before having a b
by tylersmith 8y ago
Using technology to subvert the State is a large cat and mouse game and the first mice are bound to make mistakes. It's the risk of jumping in before having a better grasp of the underlying technology that you rely on for security. Eventually the market will move nearly completely to more private currencies but the "game" will continue. Some people like to focus on the "high reward" part of "high risk/high reward" a lot more than the "high risk" part.
- CodeWriter23 8y agoStoring one’s ledger in a publicly-viewable, massively replicated database is a pretty big on the risk factors IMO.
- tylersmith 8y agoYes, absolutely. Unfortunately the majority of people don't fully understand what the system is and how it works. Sound bites and misinformation are regurgitated and spread like the plague while solid understanding requires a lot of work exploration.