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I'll tell you the problem. The problem is the government. You can't and shouldn't trust the government, but nevertheless the government is forcing everyone to u
by Findeton 8y ago
I'll tell you the problem. The problem is the government. You can't and shouldn't trust the government, but nevertheless the government is forcing everyone to use their government-issued currency.
Yes, I know US Gov is not like Venezuela, they are not printing money like there's no tomorrow, but they still do stupid shit and try to control the economy. Crypto at least gives you money that is not issued by the government. Of course, governments can try to control it, like they do with everything else, at least through taxes etc.
- speedplane 8y agoYou have to trust someone, at some point. HTTPS/SSL relies on a distributed trust system. Even with crypto, you have to trust the developers that created the protocol and the consortium of groups that operate it.
- clu3 8y agoAt least these things are opensourced
- speedplane 8y agoActually, no. Plenty of SSL/HTTPS servers run non-open sourced software. Plenty of open source foundations have closed decision making processes. Being open source is neither necessary nor sufficient to being trustworthy.