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(1) even a 51% attack can't generate fake transactions to transfer that money (2) social power with blockchains (i.e. having people's ears on the social networ
by drcode 6y ago
(1) even a 51% attack can't generate fake transactions to transfer that money
(2) social power with blockchains (i.e. having people's ears on the social networks) is far more important than $$ power: If nobody wants to install and use your blockchain, no amount of $$ can fix that.
- akimball 6y agoRe (1): True, in that the committed transactions would not be fake. But calling eth “money” is...not accurate. It has value but lacks moneyness.