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It's up to you to either trust it without any due diligence or read the source code yourself. I suppose so, but given that your entire conceit started off with
by dvtrn 4y ago
It's up to you to either trust it without any due diligence or read the source code yourself.
I suppose so, but given that your entire conceit started off with a defense of people in under-developed nations, and their access to capital and money, is this really about serving those people? If so, how are people in a country with heavily-devalued currencies under authoritarian regimes served by reading source code for cryptocurrencies? How many people in these countries are you expecting to pop open a laptop and start reading the ETH source before they can buy these digital coins and buy their next meal with it?
I'm sorry but the response here of "just read the source code", given you yourself are holding up impoverished nations, where people are not even "allowed a bank account" as beneficiaries of cryptocurrencies is some LOUD hubris.
This is a step in the right direction for people who like to assume their own risk
Isn't this something someone can already do on established markets in the physical world?
don't like to pay for the bad decision-making of others
Isn't this exactly what just happened in the article we're discussing right now in this thread?
- siftrics 4y ago>Isn't this something someone can already do on established markets in the physical world? Name one trustless, permission-less system that avoids the double spending problem. I would love to know about it. >Isn't this exactly what just happened in the article we're discussing right now in this thread? I don't know what you're saying. Participants could do their due diligence and fully understand the risks before participating. Who paid for someone else's screw up?