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yes, but no. how would enforcing such jurisdiction even look like? you cannot take something off the blockchain. Can you shutdown miners? sure. So what? The m
by rantwasp 5y ago
yes, but no.
how would enforcing such jurisdiction even look like? you cannot take something off the blockchain.
Can you shutdown miners? sure. So what? The mining will happens somewhere else.
Can you really prohibit developers from working on the tech? If it comes down to this we're in full anarchy mode (and even at that point there are going to be people working on it).
Who said anything about throwing away all the good things centralized payments bring? How about we take a decentralized payments system and actually add those things (or even better, build a system that has them out of the box)
- Retric 5y agoNations can do much worse than just shutting down miners. Repeated 51% attacks would actually destroy a coins viability. "He who can destroy a thing, can control a thing." - Paul Atreides/Frank Herbert
- rantwasp 5y agoyou're making a lot of assumptions here. what coin? different coins work in different ways. Also, "51%" attacks have been known to be executed against "proper currencies, with backing of a central bank" https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp https://www.investopedia.com/ask/answers/08/george-soros-ban...
- mtalantikite 5y ago> Can you really prohibit developers from working on the tech? If it comes down to this we're in full anarchy mode I understand what you mean but that's not what anarchy the word means. It's actually the opposite and more in line with what most crypto people seem to be advocating for, the absence of government.