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Cool, at least you're trying. I think Bitcoin's structure, the way its blockchain is designed, is inherently flawed with too many unavoidable-unfixable pitfalls
by loceng 6y ago
Cool, at least you're trying. I think Bitcoin's structure, the way its blockchain is designed, is inherently flawed with too many unavoidable-unfixable pitfalls - along with unnecessarily transferring wealth from later adopters to earlier adopters. Consensus and use, alignment towards its adoption, can occur through democratic processes - democratically elected governments (save regulatory capture) - to use a blockchain currency/system that's transparent and prevents printing of money (or at least unknown printing of money) by nations, without transferring wealth simply due to use - without aligning people via greed, financial incentive.
Edit to add: I feel showered in the glory of downvotes today.