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That's crypto's weak point. Blockchains are effective as long as gun toting folks let the miners mine. I'd be surprised if Uncle Sam decided to drop the dollar
by pygy_ 5y ago
That's crypto's weak point. Blockchains are effective as long as gun toting folks let the miners mine.
I'd be surprised if Uncle Sam decided to drop the dollar and lose the influence it provides.
- phatfish 5y agoThe US will never "drop the dollar" while it continues to exist as a nation. Why would the US government allow a system they don't control to run their economy? A blockchain based "e-dollar" is certainly possible, but Bitcoin will forever be a hugely wasteful online casino.