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> in the way it would benefit the citizens of the world the most - as liquid currency for regular & cross-border transactions. Hawala has succeeded in performi
by busterarm 6y ago
> in the way it would benefit the citizens of the world the most - as liquid currency for regular & cross-border transactions.
Hawala has succeeded in performing that role for centuries.
- ichbinwiederda 6y agoYes but Hawala it is the anti-thesis of crypto. Crypto is born out of the dream of cyberpunks to have a trustless society.
- louwrentius 6y agoThat's funny, Bruce Schneier has written something on that topic. https://www.schneier.com/essays/archives/2019/02/theres_no_good_reaso.html https://www.schneier.com/essays/archives/2019/02/theres_no_g...
- zadler 6y agoCypherpunks* https://en.m.wikipedia.org/wiki/Cypherpunk https://en.m.wikipedia.org/wiki/Cypherpunk
- busterarm 6y agoThat's why it's no surprise that crypto has mostly sucked at a role that Hawala has been filling just fine.