3 ms·
If it wasn't for the goldrush enabled to large part by the exchanges cryptocurrencies would still be some technology used by some nerds in their basements to pa
by cycomanic 4y ago
If it wasn't for the goldrush enabled to large part by the exchanges cryptocurrencies would still be some technology used by some nerds in their basements to pay each other for pizza. Let's be real, almost nobody uses crypto as an actual payment method. It's all just get rich schemes too good to be true.
So why you're correct in principle, it would be of no relevance if everyone self-custodied (also let's not ignore the bugs crypto contracts)
- siftrics 4y ago"Okay. People have successfully avoided fraud, theft, and the tyrannical seizure of their assets by arbitrary decisions of arbitrary government officials. Billions of dollars worth of assets are stored on blockchains. Unless you have a mathematical argument against the properties of a blockchain, I will continue to believe the properties are true."