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I believe cryptocurrencies are self regulating. If you want to convince me otherwise, you have to do better than just stating the opposite is true. I'll admit
by cowtools 4y ago
I believe cryptocurrencies are self regulating. If you want to convince me otherwise, you have to do better than just stating the opposite is true.
I'll admit that some (many even!) cryptocurrencies make claims about decentralization and security that are not based in evidence. That is fine. I don't believe that cryptocurrency itself is sufficient for freedom/decentralization/security, but that it is necessary. Not all cryptocurrencies will meet my critera, and it's even possible that none do.
- uoaei 4y ago> I believe cryptocurrencies are self regulating. Without specifying the implementation, this statement is less than useless. Really, I use the word "zealot" literally, this claim of yours seems to be entirely faith-based. Occam's razor states that a reasonable default assumption is that they are not self-regulating, and they should be proven so before being described so. It's not enough to want to be self-regulating, it should actually perform that function. How does it do that, today? We speak here of general trends so one-off examples do not suffice...
- arcticbull 4y agoI mean they're clearly not, just look around you. You are the one making a claim, and therefore the burden of proof is on you - not us.