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How does crypto fix this? The problem is not with their claim that this is a vulnerability - people have been shouting about this vulnerability long before cryp
by kevingadd 5y ago
How does crypto fix this? The problem is not with their claim that this is a vulnerability - people have been shouting about this vulnerability long before crypto was invented - the problem is the claim that they will somehow fix this with tokens or DAOs
- fleddr 5y agoWell, optimistically we can at least say that some crypto projects attempt to decentralize functionality and assets. You're quite right though that the devil is in the details, and that most of the time, these projects are not immune to politics or ad hoc regulation.
- BlueTemplar 5y agoIt allows for decentralized payment systems. The problem is that the downsides so far make it not worth it, usually.
- rvz 5y ago> The problem is that the downsides so far make it not worth it, usually. How so? Could you please elaborate? We already know that Bitcoin and Ethereum are not the only cryptocurrencies that exist for payments and there are better ones that are used for payments.
- BlueTemplar 5y agoFeels like you're the one that should elaborate which ones and why ?