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It seems like the benefit of not having to trust world governments or their currencies isn't that compelling for most people, who I presume almost universally a
by faitswulff 6y ago
It seems like the benefit of not having to trust world governments or their currencies isn't that compelling for most people, who I presume almost universally already participate in said social contracts.
- hypertele-Xii 6y agoI certainly trust world governments more than some random Internet community. Who's to say the whole thing isn't a scam? Has this tech been independently audited?
- SCHiM 6y agoIf you can break this scheme you can steal billions of dollars worth of currencies right now. If that is not independently audited by all evil hackers out there I don't know what is :)
- hypertele-Xii 6y agoIt's possible to create a secure scheme that is still a scam. What guarantees do we have that the developers/maintainers won't push changes to their own benefit? Presumably they already have given themselves a bunch of starting capital that everyone else's buy-in props up, like bitcoin.