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You can have public accountability without crypto. My local government publishes the salary of every employee for instance. You say that BlockFi was offering u
by hotpotamus 4y ago
You can have public accountability without crypto. My local government publishes the salary of every employee for instance.
You say that BlockFi was offering unrealistic APYs - I wonder how clear that was as a sign that something fishy was afoot. I actually lost $1.32 due to their closing, which I think reflects how much confidence I had in them as a customer.
- jl2718 4y agoYou can't prove that they are telling the truth. Cryptography is the only tool I know of that gives you this ability.
- hotpotamus 4y agoWouldn't that mean that literally every exchange of value would need to take place on a publicly auditable blockchain? Even gifts/barter?