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The same is true about the majority of the workings of the internet, or the electrical engineering that built their phones or dozens of other things people use
by deeeeplearning 6y ago
The same is true about the majority of the workings of the internet, or the electrical engineering that built their phones or dozens of other things people use everyday without understanding. How is that relevant in this case?
- lifeformed 6y agoBecause laypeople know what benefit the internet or their phones provide. No layperson knows what the benefit of cryptocurrency is.
- damon_c 6y ago> laypeople know what benefit the internet Yes that's true now, but what about in 1997? That's what year it is in Ethereum now.
- kgilpin 6y agoWell to be fair, transferring information instantly was pretty great even in 1997.
- Sargos 6y agoYou'd think so but that wasn't a popular idea in 1997. Most people really didn't see much of a use for the internet.
- roolah 6y agoWell to be fair, transferring money instantly would be pretty great for 2020. I mean, the only way I can pay rent to my landlord in 2020 is by having my bank send them a physical check that takes 5d to arrive (during which time no-one gets any interest), or then use multiple Zelle payments since I have an artificial cap that is lower than my rent.
- deeeeplearning 6y agoHell laypeople until the mid 2000s still didn't grasp what the Internet could be other than it was a stock market bonanza. Sounds familiar...
- wruza 6y agoBut crypto proponents describe use cases, not inner workings. Use cases for telecom were obvious much earlier that the internet itself, thousands of years of lost messages and messengers.
- literallycancer 6y agoSo uh, this remote sound transmitter seems like it might find niche use in the classical music orchestra space, but we don't see the talk-to-friends use case working out. Who would want to talk to their friends that often?