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> Your only legitimate point about them being really stupid is that they are slow. There are significantly more hurdles. > It's the only hurdle to crypto havi
by dmitriid 5y ago
> Your only legitimate point about them being really stupid is that they are slow.
There are significantly more hurdles.
> It's the only hurdle to crypto having all the properties of a real currency. And it will be fixed.
It won't. The real value of a currency (and any other tech, really) is enforcement. Cryptocurrencies don't have that and won't have that.
> Yes. But that doesn't mean the technology doesnt work.
Yes, it works. For scammers.
On cryptocurrencies in particular and on blockhains in general these two posts are evergreen: https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100 https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-c... and https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec https://medium.com/@kaistinchcombe/decentralized-and-trustle...