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Well, the financial system exists because it provides services that are desired. From what I understand there's really no way to offer those same services purel
by jowea 3y ago
Well, the financial system exists because it provides services that are desired. From what I understand there's really no way to offer those same services purely in the blockchain, except for some imitations that have their own equally big problems.
- treprinum 3y agoIn essence, all a financial system functionally provides is a set of buffers/caches so that individual or company lives can overcome some bumps quickly at the expense of promise to refill the buffer + some extra later.
- NovemberWhiskey 3y agoNot really. The complexity can’t simply be reduced to a computer science metaphor.