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Being slow and expensive doesn't make something a scam. If you falsely label the blockchain as a scam, and want people to not have even the option of using, I c
by ETH_start 3y ago
Being slow and expensive doesn't make something a scam. If you falsely label the blockchain as a scam, and want people to not have even the option of using, I contend that your real issue is with people having self-custody over their money, and thus you believe in a modern form of serfdom.
All your sophistry aside that is.
- chx 3y agoThe scam nature is explained in the links in my thread opener: https://news.ycombinator.com/context?id=37368544 https://news.ycombinator.com/context?id=37368544
- ETH_start 3y agoThat has already been refuted: https://news.ycombinator.com/item?id=37368625 https://news.ycombinator.com/item?id=37368625 Please read the responses and don't encourage flame wars.
- chx 3y agoThere is not a word that would contend any of the arguments made. If you meant: > The only fundamental difference inherent to the respective designs of blockchains and traditional banking, is censorship resistance through genuine self-custody. Then this is nonsense. The fundamental difference between the two is that one deals with real money while the other does not.
- ETH_start 3y agoOne can deal with any money on the public blockchain, like USD-backed stablecoins.