3 ms·

my financial privacy is a basic need, and I need cryptocurrency to achieve it I do not believe consensus mechanism other than PoW can provide enough security f

• rcMgD2BwE72F 5y ago
  I'm sure jet setters consider their private jet as a basic need, too. What's interesting, is that you can gather ~300 random citizens - including jet setters and cryptofans - and let them think about it for two years in order to decide what they considered as basic needs, on a consensus basis. And then, we can organize a vote (e.g a referendum) to make sure society finds a common ground on this (just like we do for most things, such as banning crime). See https://en.wikipedia.org/wiki/Citizens_Convention_for_Climate https://en.wikipedia.org/wiki/Citizens_Convention_for_Climat... for a good example. I bet PoW would be far down the list of basic needs but it might, still. I like democracy (where people vote, not their fortune).
  • VMG 5y ago
    my rights are not up for discussion, let alone a vote