3 ms·
Good analysis, and you are right. I think purely technical attempts to solve current political/social problems are doomed, while better institutions can and hav
by FabHK 4y ago
Good analysis, and you are right. I think purely technical attempts to solve current political/social problems are doomed, while better institutions can and have been built.
Now, what makes you think that the regulators in well-run countries will continue to accept this inefficient and unregulated money alternative full of scams?
Crypto currencies could be banned to quite an extent (mining, on/off ramps, maybe even the network traffic, which is unencrypted, if I am not mistaken.)
- junofan 4y agoIt’s banned in China AFAIK and people seem to use it there all the time.
- aeternum 4y agoThose countries that ban it will miss out on the economic value. Just as those countries that banned or did not invest in early internet infrastructure (for similar reasons) are now significantly behind.
- TrapLord_Rhodo 4y ago> Now, what makes you think that the regulators in well-run countries will continue to accept this inefficient and unregulated money alternative full of scams? You can always count on one thing in government. Profit Motive! Gerry ginsler was the professor of crypto at MIT for crying out loud. I'm sure US politicians have tons of BTC.