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Worse is better. Bitcoin is neutral. Ethereum, Hyperledger, hypothetical DARPA-coin, etc all are not. Money is a social technology before it is a computer te
by greyface- 2y ago
Worse is better. Bitcoin is neutral. Ethereum, Hyperledger, hypothetical DARPA-coin, etc all are not. Money is a social technology before it is a computer technology, and the elimination of a trusted third party is Bitcoin's principal contribution.
- baldgeek 2y agoYou can still eliminate the trusted 3rd party with other blockchain stacks. Bitcoin pioneered the concept as social experiment mostly that happened to become a currency by accident. The concept of a "Federal Reserve" and "the elimination of a trusted third party" are in direct opposition of each other, so Bitcoin doesn't even make sense from that point of reference either.