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> IMHO, crypto is like a new car with the revolutionary new feature of not having seat belt technology. Crypto is like that new car that can have a seat belt b
by dwild 5y ago
> IMHO, crypto is like a new car with the revolutionary new feature of not having seat belt technology.
Crypto is like that new car that can have a seat belt but you don't need to. The fact that it still doesn't have that seat belt doesn't means much, just that you need to be aware of it.
For sure any new paradigms will takes time to solve every indirect issues that comes with it, Rome wasn't build in one day.
> Of course, when that happens someone in that community will call it a seat-strap and claim its a revolutionary new invention.
Oh seems like you acknowledge that... but twist it like a bad thing? For sure it will be a great thing to add to cryptos, you just said it yourself that it's something lacking in cryptos...
What's amazing about crypto is the flexibility, the openness, the accessibility. Anyone can join theses networks, thus it can be done anywhere too, and because of the financial incentive, it's gonna happen anywhere. You'll probably say, but there's Western Union, Paypal, Visa, banks, etc... for all that... but check the Chikaordery story from Pleasant Green (as a Canadian I often laugh when the list include Venmo, or any US exclusive service, that just show how so many forget that the US isn't the world).
So yeah, some people will makes mistakes from time to time in their smart contract, it will happens, but we will get better each time to avoid that, when it's needed, just like we did with the previous ways of doing things. We will accept the risk when it can't be done, and that will be it (never heard of fraud using credit card, or bouncing checks? We are just used to them and accept the risks.)
- tablespoon 5y ago>> IMHO, crypto is like a new car with the revolutionary new feature of not having seat belt technology. > Crypto is like that new car that can have a seat belt but you don't need to. The fact that it still doesn't have that seat belt doesn't means much, just that you need to be aware of it. You're missing the point. To put it slightly differently: crypto is like the overconfident kid who thinks seat belts are stupid because he doesn't truly realize he can get into an accident, let alone die. He actually does need a seat belt, he's just not wise enough to realize it. When he gets in an accident and files out his windshield, then he'll discover he wants to use one. >> Of course, when that happens someone in that community will call it a seat-strap and claim its a revolutionary new invention. > Oh seems like you acknowledge that... but twist it like a bad thing? Reinventing the wheel when everyone else around you is riding in cars and on bicycles is not actually inventing anything, let alone anything revolutionary. Then, if you'd previously spent the previous few years mocking wheels as stupid and useless, there's the angle of refusing to acknowledge that you were wrong.