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I believe cryptocurrency networks can still be useful even if "most" transactions are priced in fiat and settled in stablecoins.
by everfree 5y ago
I believe cryptocurrency networks can still be useful even if "most" transactions are priced in fiat and settled in stablecoins.
- verdverm 5y agoNo disagreement there, this is what I expect. The question is what are cryptocurrencies (or blockchains secured by them) actually useful for? Where are the tradeoffs and when is a non-blockchain solution superior? (any system with user created content will need a delete function, which immutable ledgers are opposite of) When is a permissioned system better than a permissionless? (and the opposite)