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>We were able to do that in the 70s with servers that had no more power than today's raspberry pis. You weren't able to send value from one part of the world t
by drcross 5y ago
>We were able to do that in the 70s with servers that had no more power than today's raspberry pis.
You weren't able to send value from one part of the world to another in minutes without an intermediary for a tiny fraction of the transaction amount in the 70's and you still can't do it today without crypto.
- 8note 5y agoYou can't per se do it with crypto today either. You go through two intermediaries with crypto. One to turn your chinese currency into crypto, then another to turn the crypto into us currency.
- drcross 5y agoYou're assuming fiat onramps are part of the process and dont realise that in the future fiat doesn't exist. How could it?