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The same reason why when you use Venmo you don't think "wait, why use USD at all if it's all a database?" The truth is, the current financial system is just a
by efwfwef 6y ago
The same reason why when you use Venmo you don't think "wait, why use USD at all if it's all a database?"
The truth is, the current financial system is just a large number of databases trying to sync with one another, and one of cryptocurrencies' goal is to decrease this amount of databases.
- dragontamer 6y ago> and one of cryptocurrencies' goal is to decrease this amount of databases. And replace them with one of the biggest wastes of electricity? What's the point of "getting rid of databases", when you end up needing them for something as fundamental as an BTC/USD exchange anyway?
- efwfwef 6y ago> biggest wastes of electricity you're aware that you're talking about legacy cryptocurrencies?