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> There is no other crypto-currency that does solve this problem Perhaps the best thing a cryptocurrency can do is be neutral, and let society sort its own equ
by mandmandam 5y ago
> There is no other crypto-currency that does solve this problem
Perhaps the best thing a cryptocurrency can do is be neutral, and let society sort its own equality out. Like gold-backed currency, only global and instant.
No smart contracts, no de-fi, no staking, no miners, no new coins or coins burned on a timer. Just extremely divisible coins that can be sent completely without fees.
And there is a coin like this; Nano. Their community has the full expectation of being always fee-less. It even solved the spamming problem, at least to a point of 'good enough', without adding fees.
I'm not sure there's much reason, to my mind, to try and add more stuff on top of that. Expecting a crypto currency to be both widely adopted and solve inequality is - possibly - just too tall an order.