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I remember hearing Cohen was working on a crypto ages ago and filed away in the "Neat, wake me up when it's actually real" category. Now it looks like it's actu
by ergot_vacation 6y ago
I remember hearing Cohen was working on a crypto ages ago and filed away in the "Neat, wake me up when it's actually real" category. Now it looks like it's actually real.
I'm massively jaded about any and all crypto at this point, but I've always felt if any of them were to really take off, they'd have to be more "practical", down-to-earth in solving solvable problems rather than trying to conquer the whole earth as most of them try to do. This feels very much like that. The #1 issue with Bitcoin IMHO is that it can't be used as everyday currency because it's wildly unstable (speed is a close #2). This cripples adoption massively. In contrast, Chia seems to be deploying several strategies right out of the gate to try to squash wild value fluctuations. Will this work, and will anyone care? Who knows, but it at least seems to be on the right track.