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I'm ever the optimist so believe the fallout from these blockchain experiments will likely leave at least one useful idea/technology in the ruins for future us
by labrador 4y ago
I'm ever the optimist so believe the fallout from these blockchain experiments will likely leave at least one useful idea/technology in the ruins for future us to build on
- Geee 4y agoYes, and it's called Bitcoin.
- labrador 4y agoOr perhaps all the experiments lead to the creation of a US digital dollar which can be spent online as anonymously as an ordinary paper dollar. This would have a clear advantage over Bitcoin, plus be backed by the full faith and credit of the United States https://www.brookings.edu/techstream/the-innovators-dilemma-and-u-s-adoption-of-a-digital-dollar/ https://www.brookings.edu/techstream/the-innovators-dilemma-...
- Geee 4y agoWhat full faith? US dollar is crashing, and there doesn't seem to be a solution in sight.
- labrador 4y agoHistorically speaking the current situation is not too far out of normal variation
- miketery 4y agoThe US government would never allow such a product. Any digital currency issued by the government will have strict controls.
- TimJRobinson 4y agoDAI is a decentralized US dollar that has existed for over 5 years now. Many people want a government authorized dollar backed by the government and are ok with the controls on it. You're free to choose the digital dollar you want. That's what this is about - freedom of choice in holding and spending your wealth in any currency or form you like.
- miketery 4y agoDAI isn't a government product.
- labrador 4y agoYou should realize a lot of people are comforted by strict government controls rather than the anarchy that Bitcoin offers
- miketery 4y agoComfort in the face of invented fear yes. However that's a net negative direction.