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The principles of crypto finance? Cryptocurrencies are not built on principles, they are built on technologies. The only unifying principle across all cryptocur
by tinco 5y ago
The principles of crypto finance? Cryptocurrencies are not built on principles, they are built on technologies. The only unifying principle across all cryptocurrencies that I've noticed is that you access your assets through a cryptographic hash. You could launch USD+SEPA+your banks online banking interface today and call it a cryptocurrency, it's as much a cryptocurrency as for example Ripple is.
edit: ok the other "principle" might be that all (most?) cryptocurrencies are independent from government, they are owned and managed by individuals, companies and groups of people/devices (if you're lucky).
- throwoutway 5y agoThe Ethereum Classic chain would disagree. I get your point though, but the original bitcoin paper isn’t apolitical. It was very principled