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I hope we'll have a peer-to-peer banking system one day, but as it turns out, the current approach, just as the approaches before, falls short on multiple level
by purerandomness 5y ago
I hope we'll have a peer-to-peer banking system one day, but as it turns out, the current approach, just as the approaches before, falls short on multiple levels.
> Vitalik Buterin [...] seem to disagree
Vitalik is quoted twice in this blog post to drive the entire point home, you can quickly Ctrl+F for his name.
- imgabe 5y agoYes, he's quoted where he explains why he thinks the issue the blog post is talking about is not a problem. Like, I said, I'm not going to pretend I fully understand all the math and everything behind it because I don't. If it doesn't work, prove it. Otherwise you can look at the trillions of dollars worth of value being moved around the world right now on blockchain networks and you can surmise that the current approach is very much working.