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Yes. I have. It’s called USDT. There’s also USDC. And we built blockchain apps that let anyone release their own at https://intercoin.org https://intercoin.org
by EGreg 3y ago
Yes. I have. It’s called USDT. There’s also USDC.
And we built blockchain apps that let anyone release their own at https://intercoin.org https://intercoin.org
All those other properties you mentioned are not essential to being used as a medium of exchange. People can make their own conflict resolution procedures without involving the daddy government. Your idea of “security properties” is that a bank holds your money, well around the world people get their assets frozen by these banks.
- IshKebab 3y ago> People can make their own conflict resolution procedures without involving the daddy government. Who's going to pay for that? Or enforce it? Can you give me a single example of this? Pure delusion. > around the world people get their assets frozen by these banks Good point, that's another useful feature real banks have that you can't do with cryptocurrency.
- EGreg 3y agoTell me you don’t live in a repressive economic regime without telling me you don’t live in a repressive economic regime https://www.reuters.com/world/middle-east/lebanon-cbank-lets-depositors-withdraw-150-month-some-old-money-accounts-source-2024-02-03/ https://www.reuters.com/world/middle-east/lebanon-cbank-lets... https://www.latimes.com/archives/la-xpm-2002-jan-11-mn-21962-story.html https://www.latimes.com/archives/la-xpm-2002-jan-11-mn-21962... https://www.aljazeera.com/amp/economy/2021/10/1/venezuela-introduces-new-currency-drops-six-zeros https://www.aljazeera.com/amp/economy/2021/10/1/venezuela-in... https://www.reuters.com/business/finance/novo-banco-yet-decide-frozen-venezuelan-funds-after-ruling-2023-08-10/ https://www.reuters.com/business/finance/novo-banco-yet-deci...
- mvkel 3y agoI mean, yeah. Are most HN entrepreneurs targeting Venezuelan customers?