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Yes, you're right. However, cryptocurrencies have the potential to keep those politicians away from messing with it. What I didn't clarify is that I meant all t
by hereme888 6y ago
Yes, you're right. However, cryptocurrencies have the potential to keep those politicians away from messing with it. What I didn't clarify is that I meant all the other gocernment officials that can scrutinize whats happening: judges, lawyers, economists, etc.
- dmitriid 6y agoAh yes. Because cryptocurrencies exist in a vacuum and are entirely independent of anything else in a country. Including people's ability to buy them (and no, I'm not talking about prohibitions on buying). Besides, let me quote you to you. Emphasis mine: """ Being under a country's jurisdiction also seems to give the project legal accountability. I really wish this project success, and hope everything they do is audited properly to prevent corruption. """ Oh, look, cryptocurrencies are running into a real worl now. The project needs those "corrupt politicians, judges, lawyers, economists etc." to provide it with jurisdiction, legal accountability and auditing.
- hereme888 6y agoNo my friend, if a crypto project is audited by the founders, an independent team, and a government team, all in initial agreement, there should be no way for corruption at a later time to change it. That's what I'm talking about. Don't go mixing corrupt people with the non-corrupt.
- dmitriid 6y agoAh yes. Everyone is corrupt, except the cryptocurrency saints. Notice how you still need: - jurisdiction (provided by "corrupt people") - legal accountability (your words, not mine. Laws are provided by the very same "corrupt people") - auditing (the laws and processes of an audit are also written by the very same "corrupt people")