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Yes, I imagined a populace having independent control over some form of portable digital secure financial instrument as being an exciting thing. Here's a piece
by tudorw 5y ago
Yes, I imagined a populace having independent control over some form of portable digital secure financial instrument as being an exciting thing. Here's a piece from 2002, https://www.wired.com/2002/01/egold/ https://www.wired.com/2002/01/egold/
- karmakaze 5y agoI couldn't, and still can't imagine using a network that processes 7 global transactions per second. If we used some secondary chain, the crypto would be solving a problem for banks and not for people.
- tudorw 5y agoAnd how fast do you think the first steam engine went? I think we are all familiar with emerging technology that improves over time.
- karmakaze 5y agoWikipedia says: > Initial release 0.1.0 / 9 January 2009 (12 years ago) There's already a change in the phrasing from 'currency' to 'store of value' as people are figuring out it doesn't work.