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It is impossible to create a decentralized cryptocurrency because it has already been created.
by siwatanejo 3y ago
It is impossible to create a decentralized cryptocurrency because it has already been created.
- username332211 3y agoSo, the fact someone created something means you can't create another thing of the same nature. I hate to ask you that, but you're trolling, aren't you?
- siwatanejo 3y agoNo. See https://news.ycombinator.com/item?id=36952101 https://news.ycombinator.com/item?id=36952101
- victorbjorklund 3y agoThat is a silly argument. Guess you also think there only exist one fiat currency because it already exists one so there can't be two of them?
- siwatanejo 3y agoThat is the silliest point of all, because the concept of fiat currency is inherently associated with its plurality (given that fiat currencies are born out of countries, and there are many countries), but cryptocurrency, as a concept, came to existence to destroy all fiat. And the only way to do that is via 1 single cryptocurrency: the very first, the only one. And this is better understood once you understand this: https://en.bitcoin.it/wiki/BIP_0300 https://en.bitcoin.it/wiki/BIP_0300 (which is not activated yet, and might never be; but once you understand its purpose, you will understand this HN thread)