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I feel like we're getting to this one way or another. Either via local govts like the U.S. rolling this out, or through crypto-currency, if they solve adoption,
by gremlinsinc 6y ago
I feel like we're getting to this one way or another. Either via local govts like the U.S. rolling this out, or through crypto-currency, if they solve adoption, ease of use, inflation, identity, and sybil attacks-BIG IF.
It'd be nice if you could for instance use notaries to tie your SSN to a coin wallet, then have a way to regain lost keys/passwords, and if they had some fraud protection (ability to rollback transactions without fees), or insurance at the least.
The government I think has too many special interests, but syndicalists/unionists working in tandem across country-lines could create a global currency without govt control.
I've thought a lot about this, researching different technologies on bitcoin. I'm no expert in crypto by far, but what I envision would be hard - with current chains being built as far as I can tell.
Maybe in 5-10 years though.
- loceng 6y agoAdoption of anything is "easy," and not necessary through financial incentive that Bitcoin et al are inherently structured with, via government policy requiring adoption.