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This only seems like it started in 2021. Up until then, those arguments were sound. It's worth reconsideration if this is now the trend, but can you really defe
by vsareto 4y ago
This only seems like it started in 2021. Up until then, those arguments were sound. It's worth reconsideration if this is now the trend, but can you really defend the position that you thought those arguments were suspect because you knew banks were going to stop fraud corrections? While simultaneously preferring systems that never had it at all?
- kelthuzad 4y agoI doubt that it only started in 2021, unless you have evidence for it. >but can you really defend the position that you thought those arguments were suspect because you knew banks were going to stop fraud corrections? I knew those arguments were suspect, because the very same thing that makes such an intervention possible is the very same thing that makes it unreliable: a central authority, that first and foremost acts in its own best interest and is prone to corruption, abuse of power and what have you. > While simultaneously preferring systems that never had it at all? You can still build such a system on top of a decentralized system and put your trust in random 3rd parties, if for whatever reason that happens to float your boat.