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It does have the technical merit of not collapsing so far. A lot of the previous attempts at digital currency collapsed because they had more of a dependency on
by lacker 6y ago
It does have the technical merit of not collapsing so far. A lot of the previous attempts at digital currency collapsed because they had more of a dependency on some quasi trusted intermediate party.
- wmf 6y agoYeah, there's a minimum level of reliability necessary to be digital gold (which Bitcoin has met) but additional technical sophistication beyond that doesn't help.