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When cryptocurrency comes to depend on all the trust anchors of the fiat monetary system, the naive reimplementation will be feature-complete.
by heresie-dabord 2y ago
When cryptocurrency comes to depend on all the trust anchors of the fiat monetary system, the naive reimplementation will be feature-complete.
- __MatrixMan__ 2y agoLike upgrading from a tube radio to a feature-equivalent SDR implementation, nothing will have changed. Except that having achieved feature parity, we'll then be in a position to consider new features which may not have been possible on the previous architecture.
- fsckboy 2y ago>the naive reimplementation will be feature-complete good point, but you're not taking into account the deflationary spiral
- pxmpxm 2y agoI don't think crypto people have a great handle on economics along those lines. "We artificially limited the supply so it can only go up; what's money velocity?"