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And the other side (people with fiat) are incentivized to preach that gospel as well, as the value of their tokens continues to decrease relative to crypto. Di
by pcthrowaway 3y ago
And the other side (people with fiat) are incentivized to preach that gospel as well, as the value of their tokens continues to decrease relative to crypto.
Disclaimer: I actually dislike bitcoin (and other proof of work cryptos) very much, but the jury's still out on which side is more correct in their criticism of the other.
- dharma1 3y agoand the people without much of either token also have an opinion :) PoS ledgers seem like a better design, but they alone don't solve very uneven/concentrated token distributions that you end up with every monetary system
- pcthrowaway 3y agoYeah, crypto maxis (and especially bitcoin maxis) really do talk about it like it's the next coming of Jesus. Crypto absolutely will not solve that specific problem of any monetary system. It may solve some others though, in addition to introducing many novel problems