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IMU, the golden use case for crypto would be a database, but for entities that are in a perpetual Mexican standoff. So I guess that theorically, in its current
by shakow 4y ago
IMU, the golden use case for crypto would be a database, but for entities that are in a perpetual Mexican standoff. So I guess that theorically, in its current form or another, it may find very good uses in e.g. exchanges (I know, bold of me to write this days after the whole FTX shabang).
- felixgallo 4y agoExchanges have existed since the beginning of time as neutral third party arbitration systems for entities that do not mutually trust each other to nevertheless transact. They use regular databases.
- twblalock 4y agoI've bought cars and houses and never had a problem. If I had enough money I could buy yachts, or airplanes, or entire companies. All of this could be done with the systems we have today. I cannot think of anything that is for sale that could not be purchased with dollars, if I had enough dollars. What problem does crypto really solve?
- NotYourLawyer 4y agoRansomware payments.