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> worse than traditional currencies in every way Yes, they're worse in many ways, but that is exactly the design decision they made in order to be better in on
by tromp 5y ago
> worse than traditional currencies in every way
Yes, they're worse in many ways, but that is exactly the design decision they made in order to be better in one particular way; to be censorship resistant (and permissionless).
Not all are deflationary; many have a tail emission that makes the supply dis-inflationary.
- tsimionescu 5y agoNothing is censorship resistant against a determined censor. If crypto sees more and more adoption, exchanges and companies accepting it will likely get pushed to implement KYC and AML just as much as banks are.