3 ms·
So basically you're saying that cryptocurrencies don't work currently because there are established solutions that already solve the problem it attempts to solv
by simias 6y ago
So basically you're saying that cryptocurrencies don't work currently because there are established solutions that already solve the problem it attempts to solve but it's totally going to work eventually due to unknown unknowns and it's unfair to point that out somehow?
Come on. Apply that logic to literally anything else and see how that sounds.
>The internet was backed by nuclear weapons and aircraft carriers. Is that really a fair comparison
The comparison was made by cryptozealots to begin with to justify the lack of results after many years of development and billions of dollars sunk into them. "How useful was the internet 3/5/7 years after its inception?!". Now that even this incredibly silly comparison fails to justify this waste of resources for so little results, cryptozealots have turned their back on it.
What's next, the timescale of the evolution of life on Earth? Who knows, maybe in a billion years Bitcoins will finally serve a purpose beyond buying cocaine online. HODL!