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"Just cut off internet" indeed would work... but it would work for a lot of things. But saying that is same saying that a normal bank is useless because the go
by speeder 6y ago
"Just cut off internet" indeed would work... but it would work for a lot of things.
But saying that is same saying that a normal bank is useless because the government can just "just cut off the power" and thus the bank servers would be down.
And indeed in some siege situations, that would be possible, but Ethereum never promised to be siege-proof.
As for what it means to the average citizen in America or Europe? Well, one of the popular uses of Ethereum is gambling, that in some places is legal, in some others is not. Another use is create business that can't operate in some jurisdictions for whatever reason (for example because sanctions, or just plain old outdated laws that were forgotten).
- louwrentius 6y ago> Well, one of the popular uses of Ethereum is gambling, You are really selling this to me...