4 ms·
I don’t disagree with your claim here, but aren’t existing systems even worse? The conventional electronic payments system is in many ways permissionless. Even
by shajznnckfke 6y ago
I don’t disagree with your claim here, but aren’t existing systems even worse? The conventional electronic payments system is in many ways permissionless. Even if crypto doesn’t live up to all the promises it makes, it may still add value.
If crypto is building poorly-engineered space elevators to get out payments to and from the sky, maybe the current system is throwing them in artillery and parachutes and hoping they land where you aim.
- xiphias2 6y agoI stayed with Bitcoin not because I don't see how cool Ethereum contracts are, but because it's all about getting at least 1 thing right, which is digital scarce money. Even that itself is an incredibly hard problem. Getting smart contracts to be secure will take much more time, so I'm staying an outside observer.