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> Crypto has to mature now. "Mature" ~= "lose the decentralized anti-regulation design that was its entire reason for existing in the first place"
by NateEag 4y ago
> Crypto has to mature now.
"Mature" ~= "lose the decentralized anti-regulation design that was its entire reason for existing in the first place"
- tacker2000 4y agoWell, i get your point, but as we can see this hasnt panned out in a good way. Maybe some hybrid model would work?
- NateEag 4y agoMaybe? I just don't see the point, though. Once you've said "it's gotta be under the watchful eye of the government," well... Fiat currency is a thing, and doesn't require massive computer networks with mindbendingly-complex algorithms to do. I see absolutely no advantage to the cryptocurrency design if it's going to be used and regulated in a centralized manner. Once you go there, it just seems like it's "banks 2.0, but with software that's way harder to get right."