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LOL. And don't forget it took tens to hundreds of thousands of years after the discovery of fire to adopt the internal combustion engine. A decade is an etern
by spookthesunset 7y ago
LOL. And don't forget it took tens to hundreds of thousands of years after the discovery of fire to adopt the internal combustion engine.
A decade is an eternity in the tech world. If bitcoin had a use case, we'd all be using it by now.
- mopsi 7y agoPayments are not "tech", they're finance. Things move very slow there. We can message each other peer-to-peer in real time with end-to-end encryption, but financial messages still move in batches over a 1970s centralized communication system, in plain text and in "near" real time (hours to days), with all limitations of those times affecting how business gets done in 2019. Judging by the finance industry standards, public-key authentication has yet to prove itself.